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Word Term Amount Time Agreement Eslpod 0352 We 0378 Eslpod Understanding

Id ESLPod_0352_WE_0378
Episode Id ESLPod 352
Episode Title Understanding Interest Rates
Phrase term
Text The word "term," in this podcast, means duration, or the amount of time that a loan or agreement is valid: "Their apartment rental agreement has a one-year term." A "term" is also the amount of time that a politician works in a particular job before he or she has to be re-elected: "The U.S. president can serve a maximum of two four-year terms." When talking about academics, a "term" is one of the four periods of the school year: "He did very poorly in the fall term, but his grades improved in the winter and spring terms, so he won't have to take extra classes during the summer term." Finally, a "term" is a technical word that has a specific meaning: "The word 'hypertension' is a medical term that is used to talk about high blood pressure."
Topics Money

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