Redemption Period
In the world of domain names, the redemption period is the 30 day period that occurs after a registrar cancels a domain name at the registry (most commonly due to non-renewal). During this 30 day redemption period, the registry keeps a hold on the domain name and the original registrant (domain owner) has a chance to retrieve the domain name for an additional fee. The redemption period is essentially a domain owner’s last chance to renew their domain name prior to it being deleted and released. While the redemption period gives the domain owner an additional 30 days to renew their expired domain, the domain itself is removed from the zone files in the global DNS, which means that the web site, email accounts and any other services associated with the domain name will cease to work until it is redeemed via the registrar.