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During the process of migrating from a static website to WordPress you will be adding new pages and posts. You will also eventually delete all of your original HTML pages since they will become unnecessary and redundant. This means that your previous content will now exist on pages that are located at completely different web addresses. If nothing was done, then your website would lose its search engine ranking and PageRank for each of those deleted pages. Another consequence would be that anyone clicking those outdated links would arrive at 404 pages rather than the web pages that they hoped to visit.
This is a less than desirable situation and, luckily, it can be avoided by installing the Redirection plugin found at http://wordpress.org/extend/plugins/redirection/. With the help of this plugin, when the search engines arrive to crawl your website, they will be sent to the updated location for all of your old web pages. These redirects will also be beneficial should a visitor happen upon an outdated link since they will also be redirected to the page's new location.