This is the 5346th most frequent Portuguese word.
renegociação
Renegotiation; the process of revising the terms of an agreement or contract.
Here, 'renegociação' refers to the act of renegotiating contracts, a formal process.
A empresa iniciou uma renegociação dos contratos com os fornecedores.
The company started a renegotiation of the contracts with the suppliers.
In this sentence, 'renegociação' pertains to debt restructuring, an economic activity.
Após cinco reuniões, chegaram a um acordo na renegociação da dívida.
After five meetings, they reached an agreement in the renegotiation of the debt.
This context uses 'renegociação' to indicate negotiating terms in response to market variations.