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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
The company would not disclose the reasons for the renegotiation of the deal.
Another option is always for the buyer to come up with a larger down payment, or renegotiation of the loan terms.
The frequency of renegotiation is troubling because the contractual changes often are not desirable.
Weak trading has apparently triggered a clause in the sale agreement enabling a renegotiation of the price.
It is actually an illusion to believe that the final document will be opened up for renegotiation in three months or in three years.
What we need this year is not these kind of publicity stunts, but a generational renegotiation of our relationship with Africa.

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