term out
noun1
Idiomatic The transfer of debt within a company's balance sheet without acquiring new debt often through the capitalization of short-term to long-term debt.
2
Used other than figuratively or idiomatically: see term, out.
term out
verb1
Ambitransitive, Idiomatic, Usually, Of an elected official To finish the term.
- With little time to master complex policy matters before terming out, legislators have distanced themselves from more challenging policy issues, deferring them to the initiative process.2006, California Environmental Law Reporter, Volume 2006:
- In order to apply eroding market fundamentals to our hypothetical office building we need to make a few assumptions — the historic or fric- tional vacancy rate (departing the bull market), the amount of space under lease that termed out since2010, Stephen B. Meister, Commercial Real Estate Restructuring Revolution: Strategies, Tranche Warfare ...:
2 more examples
- Voters cannot punish corrupt officials who are termed out of office.2011, Justin Buchler, Hiring and Firing Public Officials: Rethinking the Purpose of Elections:
- The governor, meanwhile, hit back at what he sees as a “pathetic” agenda being pursued by the majority. He has also lashed out at their investigation of a charity scandal enveloping his wife, Casey DeSantis, as she mulls whether to run in next year’s election to succeed him when he is termed out of office in January 2027.2025 May 20, Richard Luscombe, “Ron DeSantis’s fall from grace: ‘He’s completely crashed to the ground’”, in The Guardian, →ISSN:
2
Used other than figuratively or idiomatically: see term, out.