fixed term

adj, noun — 2 senses

fixed-term

adjalso spelled fixed-term

1

Only lasting for a pre-arranged time.

Have you got an indefinite or a fixed-term contract of employment?
This is fixed-term in the sense that the duration is not unlimited but is limited by the time it takes to complete a task.2003, John G. Duddington, Employment Law, page 184:

fixed term

noun

1

Synonym of set phrase

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — authors: page histories for fixed-term and fixed term.