Noun
Formerly, one of the four terms of the courts of common law in England, beginning on the eleventh of January and ending on the thirty-first of the same month, in each year; -- so called from the festival of St. Hilary, January 13th.
Source: Webster's dictionaryHe was thus President in Hilary term 1939; the visiting Leo Amery described him in his diaries as "a pleasant youth". Source: Internet