An alternate edit to a film (or less commonly, a TV show) which may include new or deleted scenes, removing or re-ordering existing scenes or updating special effects.
An Alternate Version is an edit to a film (or less commonly, a TV show) which may include new or deleted scenes, removing or re-ordering existing scenes or updating special effects. The most common form is a Director's Cut.
See also Category: Alternate Versions of films and Post-production editing on Wikipedia.