Contract Law: What is the difference between a "term" and a "condition"

[Northern_Piper]

@Princhester

A “term” is an all encompassing word for every element of a contract. Consequently, one could drop “conditions” from the doublet and just refer to the “terms of a contract” and it would mean the same as the “terms and conditions of a contract”.

But “term” can also have a more specific meaning, not covering every element of the contract, namely the duration of the contract. For instance, a mortgage contract may have a term of five years. “Term” there is very specific.

Since both “term” and condition" can have more than one meaning legal caution in drafting encourages using both.