text: the Inns of Court); (iii) the Martin ieimfi,, term of years: duration of a leasehold OCL term pf years interest in land, also called term pf years 2. A provision of a contract EN: a term of a contract may be either a condition (a material term), a wajLEanty (a non-material term) or (? since the Hong Kong Fir judgement, 1962) an innominate flbligation Note that term and condition do not reflect the technical distinction which, in respect of contracts, exists between terme/plazo and conditjon/condicion (see ifiiffls 2.,/ F condition 1.); moreover, they are often used interchangeably The terms pf a lease are its provisions - distinguish this expression from the term of the lease, in which tetiD has the meaning 1. (iii) above Martin term 2., OCL term of contract 3. a provision in general, e.g. of a judgement F 1. (i) délai (ii) session (iii) durée 2. clause - stipulation 3. disposition S 1. (i) plazo (ii) (iii) 2. modalidades - términos 3. - 1034 - terme (FR) 1. délai 2. modalité d'une obligation ou d'un contrat Signifie parfois délai de terminaison CC 1185-1188; les modalités d'une obligation ou d'un contrat sont soit des termes, soit des conditions; Nicholas 153 E 1. period - duration - time-limit - expiry 2. term S 1. plazo - término 2. plazo In this context terme and plazo basically mean a period of time and in the case of an obligation or contract denote either (i) the period of time concerned or (ii) a provision relating to an event which is certain to happen, i.e. whose occurrence is simply a matter of a period of time elapsing, as opposed to F condition, s condición, a provision relating to an event which is not certain to happen Term is the correct E translation in sense (i) and will 
analysis: The text appears to be discussing legal concepts related to contracts, leases, and obligations. The language used is technical and formal, suggesting a context related to law or academia. The text does not mention any specific economic, environmental, or social issues, but rather focuses on the definition and classification of legal terms.