/tɜrm deɪ/ – Phrase
Definition: 1. ngày bắt đầu phiên tòa xét xử;
2. ngày đến hạn chi trả hàng quý (tiền thuê, tiền lãi, v..v)
A more thorough explanation: In legal terms, the phrase “term day” refers to a specific day designated for the commencement or expiration of a legal term, such as a court session, a lease agreement, or a contract. It is the day on which a particular legal action or obligation is set to begin or end.
Example: The term “day” in the contract refers to a period of 24 hours starting from midnight.