👉 "Re-deal" is a phrase used in the context of business to describe an agreement or transaction that has been renegotiated and revised after an initial contract was signed. This process often involves significant changes, typically involving adjustments to terms such as price, delivery dates, or other conditions. In the re-deal scenario, both parties involved have agreed upon the new terms rather than accepting them at face value. The term "reduction" is used here to denote a significant decrease in the original amount