Legal Definitions - stated term

A stated term is a fixed period of time that is defined in a contract or agreement. It can refer to a specific provision or condition that is agreed upon by the parties involved. For example, a delivery term may state that a shipment must be made within 30 days of the order being placed.

Other types of terms include:

• Essential term: A contractual provision that is necessary for the contract to exist.
• Implied term: A provision that is not expressly agreed upon but is read into the contract by a court.
• Material term: A contractual provision that deals with a significant issue such as subject matter, price, payment, quantity, quality, duration, or the work to be done.
• Nonessential term: A contractual provision that is not regarded as a fundamental term.

Stated term can also refer to a period of time during which a court conducts judicial business. This can include regular terms, special terms, and appearance terms.

For example, a general term is a regular term of court during which the court ordinarily sits. A stated term is another term for a general term.