Term
Term · Law · MLC-T-LAW-004880
A specific period of time during which a contract, agreement, or office is in effect. It defines the duration of rights, obligations, or responsibilities for the parties involved. For instance, a lease agreement might have a term of one year, or a judge might serve a term of ten years.
| Identifier | MLC-T-LAW-004880 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004880",
"term": "Term",
"field": "Law",
"definition": "A specific period of time during which a contract, agreement, or office is in effect. It defines the duration of rights, obligations, or responsibilities for the parties involved. For instance, a lease agreement might have a term of one year, or a judge might serve a term of ten years.",
"url": "https://mlchart.com/terminology/law/term/"
}
Record 4,981 of 5,441 in Law terminology (MLC-0107). Request the full dataset.