Definitions for "Redraft"
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.
New version of a Bill which shows substantial changes. Redrafts have differentBill numbers from the original Bill. (See also Reprint)
Keywords:  draft, anew, dishonored, plus, draw
To draft or draw anew.
A second draft or copy.
a draft for the amount of a dishonored draft plus the costs and charges of drafting again