Usually means: Conditions agreed upon by parties.
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We found 7 dictionaries that define the word term of a contract:

General (6 matching dictionaries)
  1. term of a contract: Vocabulary.com
  2. term of a contract: Dictionary.com
  3. term of a contract: Rhymezone
  4. term of a contract: FreeDictionary.org
  5. term of a contract: Mnemonic Dictionary
  6. term of a contract: TheFreeDictionary.com

Computing (1 matching dictionary)
  1. term of a contract: Encyclopedia

Definitions from WordNet (term of a contract)

noun:  the period of time during which a contract conveying property to a person is in effect


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