Term

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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.

term

n. 1) in contracts or leases, a period of time, such as five years, in which a contract or lease is in force. 2) in contracts, a specified condition or proviso. 3) a period for which a court sits or a legislature is in session. 4) a word or phrase for something, as "tenancy" is one term for "occupancy."

RULE, TERM, English practice. A term rule is in the nature of a day rule, by which a prisoner is enabled by the terms of one rule, instead of a daily rule, to quit the prison or its rules for the purpose of transacting his business. lt is obtained in the same manner as a day rule. See Rules.

TERM, construction. Word; expression speech.
     2. Terms or words are characters by which we announce our sentiments, and make known to others things with which we are acquainted. These must be properly construed or interpreted in order to understand the parties using them. Vide Construction; Interpretation; Word.

TERM, contracts. This word is used in the civil, law to denote the space of time granted to the debtor for discharging his obligation; there are express terms resulting from the positive stipulations of the agreement; as, where one undertakes to pay a certain sum on a certain day and also terms which tacitly result from the nature of the things which are the object of the engagement, or from the place where the act is agreed to be done. For instance, if a builder engage to construct a house for me, I must allow a reasonable time for fulfilling his engagement.
     2. A term is either of right or of grace; when it makes part of the agreement and is expressly or tacitly included in it, it is of right when it is not part of the agreement, it is of grace; as if it is not afterwards granted by the judge at the requisition of the debtor. Poth. on Oblig. P. 2, c. 3, art. 3; 1 Bouv. Inst. n. 719 et seq.

TERM, estates. The limitation of an estate, as a term for years, for life, and the like. The word term does not merely signify the time specified in the lease, but the estate also and interest that passes by that lease; and therefore the term may expire during the continuance of the time, as by surrender, forfeiture and the like. 2 Bl. Com. 145; 8 Pick. R. 339.
     TERM, practice. The space of time during which a court holds a session; sometimes the term is a monthly, at others it is a quarterly period, according to the constitution of the court.
     2. The whole term is considered as but one day so that the judges may at any time during the term, revise their judgments. In the computation of the term all adjournments are to be included. 9 Watts, R. 200. Courts are presumed to know judicially when their terms are required to be held by public law. 4 Dev. R. 427. See, 1 generally, Peck, R. 82; 6 Yerg. R. 395; 7 Yerg. R. 365; 6 Rand. R. 704; 2 Cowen, R. 445; 1 Cowen, R. 58; 5 Binn. R. 389; 4 S. & R. 507 5 Mass. R. 195, 435.

References in classic literature ?
When we emerged from the little building which houses the upper terminus of the elevator, we found ourselves in the midst of a veritable fairyland of beauty.
Every- one connected with the terminus seemed ill-tempered.
The car stopped at Seventh and Pine, the terminus of the line.
"Local train towards Andheri left Chhatrapati Shivaji Maharaj Terminus (CSMT) at 5:22 am and local train towards Panvel left CSMT at 6 am," read a press release by Public Relations Department, Central Railway, Chhatrapati Shivaji Maharaj Terminus Mumbai.
Aug 13, 2019 (China Knowledge) - Beijing-based tech startup Terminus Technologies has obtained RMB 2 billion (USD 283 million) in its C-round fundraising.
Y Ganolfan, in the High Street, is next door to both the old harbour and the joint terminus of the Ffestiniog & Welsh Highland Railways.
6 to the bus terminus 1.50 2 sunny street in goscicino from the intersection with the road no.
Nairobi plans to close down the Koja matatu terminus as it moves to decongest traffic in the central business district.
A modern transport terminus is under construction in Nyeri town at Sh600 million.
Nyeri County will spend Sh600 million to build a new matatu terminus at Asian Quarters ground despite uncertainty over the relocation of a dumpsite at the proposed site.The project will be implemented within two years by the Nyeri Town Municipality Board and will be financed through the Kenya Urban Support Programme, a World Bank grant to counties.
However, this will be the first such train passing through the Central zone, covering Chhatrapati Shivaji Maharaj Terminus (CSMT), Kalyan, Nasik, Jalgaon, Khandwa, Bhopal, Jhansi, Agra, and Hazrat Nizamuddin and passing through two significant Hindi heartland states -- Uttar Pradesh and Madhya Pradesh, it said.
The Terminus carries well and cuts well--just like you'd expect from any folding knife offered by SOG.