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What does renege mean?

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

Verb
  1. (intransitive) To break a promise or commitment; to go back on one's word.
  2. (intransitive) In a card game, to break one's commitment to follow suit when capable.
  3. (transitive, archaic) To deny; to renounce
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Examples
Any time a player accidentally misplays during the play portion of the hand, it is called a renege.
The financial crisis must not be an excuse for donors to renege on their pledges.
We oppose blatant attempts to renege on commitments which have been made to less developed countries.
A new theory predicts when countries will honor or renege on their international obligations.
Lenders need to gauge whether governments will renege on their commitments.
The problem arises where, in this situation, the principal instead wants to renege on the transaction.

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