Limited-term

Describing something that is available or valid for a specific, predetermined period of time. This designation often applies to employment contracts, licenses, grants, or other agreements where the scope or duration is intentionally restricted. It implies a clear end date or a set of conditions under which the arrangement will cease to be active. The term emphasizes temporality and contrasts with arrangements that are intended to be ongoing or indefinite. Understanding a 'limited-term' status is crucial for planning and decision-making, as it dictates when the activity, project, or benefit will conclude.

Limited-term meaning with examples

• The university hired a professor under a limited-term contract, renewable annually based on performance and funding. This meant her position was not permanent. The professor worked diligently to earn tenure. After three years, she was granted tenure based on her research and teaching achievements. She then had a permanent position.
• The city provided funding for a limited-term social program designed to address homelessness during the winter months. The program's effectiveness was monitored throughout the project. If successful, additional funding may be available the following year. The project would automatically end at the end of winter.
• The software company offered a limited-term subscription for its premium features, aimed at attracting new users with a trial. Users were able to explore everything the software offered. At the end of the term, the users would be able to purchase the software, or the software will revert to its original features.
• The government issued limited-term permits for logging in a protected forest, allowing timber harvesting within strict environmental regulations. These types of policies can lead to controversy. The terms of these permits were closely monitored. Upon expiration, the permits were up for review for future access.
• A research grant was awarded for a limited-term scientific project, with clearly defined objectives and timelines. The grant's progress was regularly assessed. The grant's term would last until the conclusion of the research. The results of the research was then published.