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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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Examples
They had better see the credit union if they have a car loan, because they will need to renegotiate it.
The logic of their demands to strengthen the military and renegotiate the ceasefire is to plunge the island back to war.
The agreement provides the company with a get-out clause and allows it to renegotiate the rates annually.
To stem the flow, AMD is expected to renegotiate millions in debt coming due over the next four years.
The ability to improve supply chain management and to successfully renegotiate terms with customers to offset most of the current cost increases will, however, be vital.
It is unlikely that countries will wish to renegotiate everything within a Tunis Declaration and fall back into the same discussions.

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