Refers to a fixed period during which an elected official serves in office before they must be reelected or step down. In regards to presidents, their term lasts four years according to constitutional provisions.
Related terms
Term Limits: Legal restrictions on the number of times an individual can be elected or serve in a particular office.
Lame Duck Period: The time between when a new president is elected and when they assume office, during which the outgoing president's influence may diminish.
Inauguration: The formal ceremony marking the beginning of a new presidential term, where the elected president takes the oath of office.