Webster's Revised Unabridged Dictionary · 1913

Redraft

Redraft (rē*drȧft") , transitive verb

To draft or draw anew.

Redraft , noun

1.
A second draft or copy.
2.
(Commerce) A new bill of exchange which the holder of a protected bill draws on the drawer or indorsers, in order to recover the amount of the protested bill with costs and charges.