Redemption at term refers to the process of repaying a debt or obligation on a specific date that has been previously agreed upon. There are several synonyms for this term, including redemption upon maturity, payment at term, and repayment at fixed interval. These terms imply that a certain amount of money or value will be paid on a predetermined date, allowing the recipient or creditor to plan accordingly. The term redemption at term is commonly used in financial circles, particularly in relation to bonds and other debt instruments. Regardless of the terms used, the concept of redemption at term remains the same; a debt is scheduled to be paid in full on a specific date.