/tɜrm ʌv loʊn/ – Phrase
Definition: điều kiện vay.
A more thorough explanation: The term “term of loan” refers to the specific period of time during which a loan agreement is in effect, and during which the borrower is required to repay the borrowed funds to the lender. This term typically includes the duration of the loan, the repayment schedule, and any other conditions or terms that govern the loan agreement.
Example: The borrower agreed to repay the principal amount along with accrued interest within the specified term of the loan.