Your best bet is looking up the dictionary definitions and see what comes up? It can mean to revert back to a previous state, like rewinding tv, or it can mean to wind something up again, like a spool of yarn,
Rewind can mean anything about the game your making. It could be a game about "rewinding" time. Or a game where you "rewind" music and video. Or a game about youtube "rewind". You can do whatever you want around this theme.