renege ri-ˈneg also -ˈnāg, -ˈnig; rē- verb and noun
verb: fail to fulfill a promise or obligation
noun: the mistake of not following suit when able to do so
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The word renege has appeared in 25 articles on NYTimes.com in the past year, including on July 17 in “U.S. Punishes Turkey by Canceling Sale of Jets” by Katie Rogers and Thomas Gibbons-Neff:
WASHINGTON — The White House informed Turkey, a NATO ally, on Wednesday that the United States would not sell it F-35 stealth fighter jets, in retaliation for the country’s purchase of Russian S-400 surface-to-air missile systems.
…. The F-35 program has already cost billions of dollars more than what was budgeted for its production, which was delayed years longer than expected. Ms. Lord said the decision to renege on the sale to Turkey would cost the United States $500 million to $600 million.
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