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Note:  Do not rely on this information. It is very old.

Term

Term was till recently commonly used in two senses: (1) As signifying those four periods of the year during which the Superior Courts sit to hear and determine points of law and transact other legal business of importance (Hilary, Easter, Trinity, and Michaelmas terms). These are now, however, better known as the "sittings" of the courts. (2) Signifying the limitation or extent of time for which a man holds an estate, which is called his term, and he himself is called, with reference to the term he so holds, the tenant of the term.