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TeachMeFinance.com - explain Term agreement Term agreement The term 'Term agreement' as it applies to the area of energy can be defined as ' Any written or unwritten agreement between two parties in which one party agrees to supply acommodity on a continuing basis to a second party for a price or for other considerations'. Previous 5 Terms: teratology Teratoma Terawatthour tergal term Next 5 Terms: Term Insurance Terminal Terminal Aerodrome Forecast Terminal elevator Terminal location About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.