Domain Redemption refers to a short period of time (up to 30 days) after a domain has been deleted by a Domain Registrar, after having not been renewed by the Domain Registrant.
The Domain Registrar is the issuer of the domain (who acts on behalf of the Domain Registry).
The Domain Registrant is the owner of the domain.
Why renew your Domain before Redemption?
Domain Registrants can usually renew their domain during the short period of time between the domain expiry date and the deletion date at the regular renewal price.
However, during the Redemption Period which immediately follows the deletion date, Domain Registrars will usually charge a much higher price for domain renewal.
If a domain is important to you, renew it ahead of the domain expiry date.
Avoid renewing your domain after the deletion date.
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