The Collaborative International Dictionary of English v.0.48:

Restitute \Res"ti*tute\ (r?s"t?*t?t), v. t. [L. restitutus, p.
   p. of restituere; pref. re- re- + statuere to put, place. See
   Statute.]
   To restore to a former state. [R.] --Dyer.
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Restitute \Res"ti*tute\, n.
   That which is restored or offered in place of something; a
   substitute. [R.]
   [1913 Webster]

WordNet (r) 3.0 (2006):

restitute
    v 1: give or bring back; "Restore the stolen painting to its
         rightful owner" [syn: restore, restitute]
    2: restore to a previous or better condition; "They renovated
       the ceiling of the Sistine Chapel" [syn: renovate,
       restitute]