Term Definition of Term by Merriam-Webster.
2 a: a limited or definite extent of time especially: the time for which something lasts: duration, tenure term of office lost money in the short term. b: the whole period for which an estate is granted also: the estate or interest held by one for a term.

TERM meaning in the Cambridge English Dictionary.
This budget plan is good for the long term but it hurts in the short term. A term can be one of the periods into which a year is divided at a school or college.: Im taking computer programming during the fall term.

Term - Wikipedia.
Mathematics and physics edit. Term logic, a component of a logical or mathematical expression not to be confused with term logic, or Aristotelian logic. Ground term, a term with no variables. Addend, or term, an operand to the addition operator.