The contract uses specific legal terms that are difficult to understand.

A word or phrase used to describe a specific concept or idea.
We agreed on the terms.
These are the basic terms.
Understand all the terms first.
on the terms
specific terms
agree on terms
conditions
words
phrases
The academic year is divided into three terms.

A period or duration in which something occurs.
The school year has three terms.
This term is very busy.
The first term begins soon.
academic terms
school terms
three terms
period
duration
time
Please read the terms and conditions before signing the contract.

The conditions or provisions that govern an agreement or contract.
He accepted the new terms quickly.
These are the terms of our agreement.
We discussed the terms of the deal.
terms and conditions
terms of service
payment terms
conditions
provisions
stipulations