/ˈsɛtəld tɜrm/ – Phrase
Definition: 1. thời hạn đã thỏa thuận;
2. snh điều kiện đã thỏa thuận.
A more thorough explanation: In legal terms, a “settled term” refers to a provision or condition in a contract, agreement, or legal document that has been agreed upon and accepted by all parties involved. It signifies that the specific term is final and binding, and cannot be changed or disputed without the mutual consent of the parties.
Example: The settled term for the lease agreement is five years, with an option to renew for an additional two years.