The word term refers to either a word unit or a time unit with specified boundaries or limits.

In the context of a legal and binding contract, terms refers to all specified boundaries, limits, and conditions that are stated in the contract —including any names, places, times, and definitions.

Language unit

• In terminology (the study of language terms), a "term" is a word, word pair, or word group, that is used in specific contexts for a specific meaning.
  • Specialised terms are characterised ** Figures of speech and shorthands are called terms of language.
  • A term (mathematics) is a basic component of a mathematical expression. In the context of a polynomial it is a number and variables all multiplied together. Similarly, like terms are terms that have the same variables to the same -order_logic#Formation_rules|term]] is a particular combination of symbols from a formal language, that in turn are the units that make up the formulas of that language.nguage|Latin]] terminus - margin, (so that terms were 'terminal for analysis').

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Reference Shelf: Online Glossary of Economic Terms from The Economist http://bit.ly/P7fqC #economics #business #glossaries
resourceshelf (resourceshelf) Thu, 08 Oct 2009 20:14:44 -0000
Reference Shelf: Online Glossary of Economic Terms from The Economist http://bit.ly/P7fqC #economics #business #glossaries

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