Define: Contract Term

The meaning of “Contract Term” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Contract Term defined in a legal contract?

  • Contract Term means the specific period during which a particular package or service, as specified in the 'Contract Term' section of the order form, is valid. Seen in 139 SEC filings.
  • Contract Term means the given time period during which the SAP Education Preferred Card is valid, as detailed in the 'Contract Term' section of the order form. Seen in 107 SEC filings.
  • Contract Term means the period of performance as specified in the part of the document titled ""Term."" Seen in 97 SEC filings.
  • Contract Term means the duration for which the contract remains in effect. Seen in 79 SEC filings.
  • Contract Term means the specified timeframe during which the SAP Learning Preferred Card is valid, as outlined in the order form. Seen in 72 SEC filings.
  • Contract Term means the span during which the customer continues to receive service under the stipulated terms and conditions, until the service is no longer required. Seen in 63 SEC filings.
  • Contract Term means the contract's effective length, from its start date to its end or renewal date. It may or may not be the same as the budget period. Seen in 30 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of contract term' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

Contract Term means the specified duration during which a contract, service, or product is valid.

Relevant Contract Types

Relevant Circumstances

  • Establishment of business relationships
  • Agreement on services or products
  • Agreement on confidentiality
  • Collaboration between two parties

Relevant Sectors

Genie Definition 2

Contract Term means the span the contract is effective, from its start to its end or renewal date.

Relevant Contract Types

Relevant Circumstances

  • Sales of goods or services
  • Loan transactions
  • Franchising
  • Consulting services
  • Construction and real estate deals

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Contract Term" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Contract Term'?

Contract Term means the specified duration during which a contract, service, or product is valid.

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