term interest

term interest. Oil & gas. A mineral interest or royalty interest that is not perpetual. • A term interest may be for a fixed term (e.g., for 25 years) or defeasible (e.g., for 25 years and so long thereafter as there is production from the premises).

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词条贡献者

法律翻译Dan，在一家专注于能源领域的国际律师事务所担任全职法律翻译，擅长翻译有关新兴技术领域的法律文件。