Iteration is the act or process of repeating.
When new teams come to agile ways of working they can mistake the benefit of iteration. They start by breaking work down into sprints and increments, but they forget to iterate on the underlying solutions or product. The plan produced doesn’t take into consideration the feedback from product demonstrations and the need to keep iterating on the solution. This is a common challenge with senior stakeholders wanting things right first time.
Is there part of your solution that warrants another iteration?