Noun
(law) The first term of the legal year, running from October to December, during which the upper courts of England and Wales, and Ireland, sit to hear cases.
Coordinate terms: Hilary term, Easter term, Trinity term
(education) The first academic term of the universities of Oxford, Cambridge, and Dublin, and other educational institutions, running from October to December; the term was modelled after the legal term, but does not begin and end on the same dates.
Coordinate terms: Hilary term, Trinity term (Oxford, Dublin)
Coordinate terms: Lent term, Easter term (Cambridge)
Internal examinations are held at the end of the Michaelmas term for all pupils, and in the Summer term for those in the first, second and fourth years. Source: Internet