The Collaborative International Dictionary of English v.0.48:
Redeposit \Re`de*pos"it\ (r?`d?*p?z"?t), v. t. To deposit again. [1913 Webster]WordNet (r) 3.0 (2006):
redeposit v 1: deposit once again; "redeposit a cheque" 2: deposit anew; "The water had redeposited minerals on the rocks"