term
Algebra
(noun)
A value or expression separated from other such values by an operation.
Political Science
(noun)
duration of a set length; period in office of fixed length.
Examples of term in the following topics:
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The Term Structure
- In the case of bonds, time to maturity, or terms, vary from short-term - usually less than a year - to long-term - 10, 20, 30, 50 years, etc.
- The liquidity premiumtheory asserts that long-term interest rates not only reflect investors' assumptions about future interest rates but also include a premium for holding long-term bonds (investors prefer short-term bonds to long-term bonds).
- Because of the term premium, long-term bond yields tend to be higher than short-term yields, and the yield curve slopes upward.
- Prospective investors decide in advance whether they need short-term or long-term instruments.
- This explains the stylized fact that short-term yields are usually lower than long-term yields.
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Adding and Subtracting Polynomials
- For example, $4x^3$ and $x^3$are like terms; $21$ and $82$ are also like terms.
- When adding polynomials, the commutative property allows us to rearrange the terms to group like terms together.
- For example, one polynomial may have the term $x^2$, while the other polynomial has no like term.
- If any term does not have a like term in the other polynomial, it does not need to be combined with any other term.
- Start by grouping like terms.
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Glossary of Atonal Musical Terms
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Adding and Subtracting Algebraic Expressions
- Terms are called like terms if they involve the same variables and exponents.
- All constants are also like terms.
- Note that terms that share a variable but not an exponent are not like terms.
- Likewise, terms that share an exponent but have different variables are not like terms.
- When an expression contains more than two terms, it may be helpful to rearrange the terms so that like terms are together.
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Congressional Terms and Term Limits
- Members of the Senate may serve unlimited six-year terms and members of the House may serve unlimited two-year terms.
- Under the Constitution, members of the United States Senate may serve an unlimited number of six-year terms and members of the House of Representatives may serve an unlimited number of two-year terms.
- The amendment limited members of the Senate to two six-year terms and members of the House to six two-year terms.
- Term Limits, Inc. v.
- Term Limits was the largest private organization pushing for Congressional term limits.
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Sums, Differences, Products, and Quotients
- For instance, in the equation y = x + 5, there are two terms, while in the equation y = 2x2, there is only one term.
- We then collect like terms.
- A monomial equations has one term; a binomial has two terms; a trinomial has three terms.
- Outer ("outside" terms are multiplied—that is, the first term of the first binomial and the second term of the second)
- Inner ("inside" terms are multiplied—second term of the first binomial and first term of the second)
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Multiplying Algebraic Expressions
- Any negative sign on a term should be included in the multiplication of that term.
- Outer (the "outside" terms are multiplied—i.e., the first term of the first binomial with the second term of the second)
- Inner (the "inside" terms are multiplied—i.e., the second term of the first binomial with the first term of the second)
- Remember that any negative sign on a term in a binomial should also be included in the multiplication of that term.
- Notice that two of these terms are like terms ($-4x$ and $3x$) and can therefore be added together to simplify the expression further:
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Arithmetic Sequences
- An arithmetic sequence is a sequence of numbers in which the difference between the consecutive terms is constant.
- An arithmetic progression, or arithmetic sequence, is a sequence of numbers such that the difference between the consecutive terms is constant.
- Note that the first term in the sequence can be thought of as $a_1+0\cdot d,$ the second term can be thought of as $a_1+1\cdot d,$ the third term can be thought of as $a_1+2\cdot d, $and so the following equation gives $a_n$:
- Of course, one can always write out each term until getting the term sought—but if the 50th term is needed, doing so can be cumbersome.
- Calculate the nth term of an arithmetic sequence and describe the properties of arithmetic sequences
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Current Maturities of Long-Term Debt
- The portion of long-term liabilities that must be paid in the coming 12-month period are classified as current liabilities.
- Long-term liabilities are liabilities with a due date that extends over one year, such as a notes payable that matures in 2 years.
- Examples of long-term liabilities are debentures, bonds, mortgage loans and other bank loans (it should be noted that not all bank loans are long term since not all are paid over a period greater than one year. ) Also long-term liabilities are a way for a company to show the existence of debt that can be paid in a time period longer than one year, a sign that the company is able to obtain long-term financing .
- Bonds are a form of long-term debt because they typically mature several years after their original issue date.
- Explain the reporting of the current portion of a long-term debt
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Reporting Long-Term Liabilities
- Debts that become due more than one year into the future are reported as long-term liabilities on the balance sheet.
- This is an example of a long-term liability.
- "Notes Payable" and "Bonds Payable" are also examples of long-term liabilities, and they often introduce an interesting distinction between current liabilities and long-term liabilities presented on a classified balance sheet.
- What this example presents is the distinction between current liabilities and long-term liabilities.
- Despite a Note Payable, Bonds Payable, etc., starting out as a long-term liability, the portion of that debt that is due within a year has to be backed out of the long-term liability and reported as a current liability.