Entry 3 senses · 2 variants Webster, 1913 Redraft /(rē*drȧft")/ · Re·draft · IPA /riːdrˈæft/ v. t. n. 01 v. t. To draft or draw anew. 1. To draft or draw anew. 02 n. A second draft or copy. 1. A second draft or copy. 2. 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.(Com.)