The term "redemption fee" refers to a fee that an investor has to pay to redeem a fund or security before its maturity date. This fee is often used to discourage investors from selling their securities too soon, and to compensate the fund for any costs associated with the early redemption. However, the term "redemption fee" could also be referred to as an "early withdrawal fee," "liquidation charge," "exit fee," or "termination fee." These synonyms highlight the fact that a redemption fee is essentially a penalty for withdrawing from a fund or security early, and may vary in amount and structure depending on the investment vehicle.