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What does renegotiate mean?

Looking for the meaning or definition of the word renegotiate? Here's what it means.

Verb
  1. To negotiate new terms to replace old ones.
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Do you think we should try to renegotiate our lease terms with the landlord?
It is unlikely that countries will wish to renegotiate everything within a Tunis Declaration and fall back into the same discussions.
Her response is to renegotiate the boundaries between spiritual faith and worldly economies.
To stem the flow, AMD is expected to renegotiate millions in debt coming due over the next four years.
In other cases, concessionaires renegotiate contracts in order to shift losses to taxpayers.
They recommend that both parties continually monitor and renegotiate the contracts.

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