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What is a renegotiation?

What is a renegotiation? Here are some definitions.

Noun
  1. The act of negotiating again.
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Examples
It is actually an illusion to believe that the final document will be opened up for renegotiation in three months or in three years.
The sponsorship of the hurling championship is up for renegotiation next year.
The frequency of renegotiation is troubling because the contractual changes often are not desirable.
What we need this year is not these kind of publicity stunts, but a generational renegotiation of our relationship with Africa.
But it won't be entirely costless: any forced renegotiation, even a relatively cheap one, may well lead to a higher cost of credit in the future.
The company would not disclose the reasons for the renegotiation of the deal.

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