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Glossary   >   T   >   "Term" Definition            Term The period of time for which a policy or bond is issued. A specified period of time (that is, the term). Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Term - The period of time for which a policy or bond is issued.

A specified period of time (that is, the term).