Term

An expression, word, or phrase that has a fixed and known meaning in a particular art, science, or profession. A specified period of time.

The term of a court is the legally prescribed period for which it may be in session. Although the session of the court is the time that it actually sits, the words term and session are frequently used interchangeably.

In reference to a lease, a term is the period granted during which the lessee is entitled to occupy the rented premises. It does not include the period of time between the creation of the lease and the entry of the tenant. Similarly when used in reference to estates, the term is the period of time for which an estate is granted. An estate for five years, for example, is one with a five-year term.

A term of office is the time during which an official who has been appointed or elected may hold the office, perform its functions, and partake of its emoluments and privileges.