/tɜrm ʌv liz/ – Phrase
Definition: thời hạn thuê.
A more thorough explanation: A “term of lease” refers to the specific period of time during which a lease agreement is in effect, outlining the duration for which the tenant has the right to occupy and use the leased property.
Example: The term of the lease agreement is for one year, commencing on January 1st and ending on December 31st.