fixed term leaseglossary / FIXED-TERM LEASE fixed-term lease. Oil & gas. An oil-and-gas lease for a fixed period of time, lacking the indefinite “so long thereafter” provision commonly found in such leases. Cf. HABENDUM CLAUSE. 词条贡献者 法律翻译Julie,毕业于一所培养最顶级翻译人才的语言学院,专注翻译各类与欧洲通信法规有关的法律文件。