Final answer:
The term used to describe the correspondence of sounds like in 'lemonade' and 'renegade' is consonance, which involves the repetition of consonant sounds. This differs from assonance, the repetition of vowel sounds, and is related but distinct from onomatopoeia, where words mimic the sounds they describe.
Step-by-step explanation:
The term used to describe the correspondence of sounds, as seen in the words 'lemonade' and 'renegade,' is called consonance. Consonance refers to the repetition of consonant sounds at the end of words or within words in close proximity. It is a literary device commonly used in poetry and prose to create rhythm and musicality.
An example of consonance is found in the phrase 'the slithering snake shakes its little rattle,' where the 's' sound is repeated. Consonance is distinct from assonance, which is the repetition of vowel sounds within a text, such as in the poem by Edgar Allen Poe: 'Once upon a midnight dreary, while I pondered weak and weary...'
Another related literary device is onomatopoeia, where words sound like the object they are intending to describe, such as 'bang,' 'thud,' and 'hiss.'