renege Meaning in Cambridge Business English Dictionary
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Meaning of "renege" - Business English Dictionary

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renege

verb [I]
 
 
/rəˈneɪɡ/ US   /riˈneɡ/
to fail to keep a promise or an agreement, etc.: Once the highest bid is accepted, a seller can be sued for breach of contract if they renege.renege on an agreement/a deal/a promise The retailer claimed that the cosmetics company reneged on a deal to produce a range of beauty products for them.
Translations of “renege”
in Chinese (Traditional) 違背(諾言), 違約, 背信…
in Chinese (Simplified) 违背(诺言), 违约, 背信…
(Definition of renege from the Cambridge Business English Dictionary © Cambridge University Press)
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