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The word 'renegotiated' is correct and can be used in written English.
Generally, it refers to the process of negotiating something again, often with the intention of making changes or modifications. Example: The company's contract with their supplier needed to be renegotiated in order to accommodate for the increase in material costs.
Dictionary
renegotiated
verb
Past of renegotiate
synonyms
Exact(60)
What caught the headlines was Cameron's call for an in-out referendum on renegotiated terms – apparently a Rubicon.
IMF officials have also said repayments can only be rescheduled as part of a renegotiated new bailout programme.
Those wanting Britain to stay in, such as the prime minister, will be hoping that Merkel will throw them a lifeline, a trophy those wanting to stay inside Europe can produce as evidence for having successfully renegotiated Britain's relationship with Brussels.
He added that the 5.8% interest rate must be renegotiated.
Downing Street insists the prime minister's goal is to strengthen Britain's position in the EU by winning greater support through renegotiated membership terms.
He suggested at the seminar, dedicated to the issue of governing with small Commons majorities, that there would be a realignment if there was a vote to reject Cameron's renegotiated terms, implying Conservative rightwingers and Ukip might align.
"The DUP [of Ian Paisley] are trying to exploit the confusion and apathy by saying the Good Friday agreement can be renegotiated, and Sinn Féin is feeding the lie by gesturing they can negotiate with the DUP after the election.
Cameron has promised to hold an in/out referendum by the end of 2017, having renegotiated the UK's terms of membership by repatriating powers.
Now, however, he said army units were rotated so often that deals with corrupt commanders had to be constantly renegotiated.
Britain's new Department for Business, Innovation and Skills has noted the implications, says a spokesman, and is taking part in EU revisions.Meanwhile, there is a face-off between the ECIA and the unions over the national agreement, which must be renegotiated by the end of the year.
But the small print is endless, complaints abound and the system has to be renegotiated between centre and regions every five years.
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