A 301 redirect is a permanent redirect which passes between 90-99% of link equity (ranking power) to the redirected page.

301 Moved Permanently. A 301 redirect is a permanent redirect which passes between 90-99% of link equity (ranking power) to the redirected page. 301 refers to the HTTP status code for this type of redirect. In most instances, the 301 redirect is the best method for implementing redirects on a website.

The HTTP response status code 301 Moved Permanently is used for permanent redirecting, meaning that links or records returning this response should be updated. The new URL should be provided in the Location field, included with the response.

We can say that 301 redirection is the one type of redirection where we can redirect our url from one place to another.