Meaning of the word "in term" in English

What does "in term" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

in term

US /ɪn tɜrm/
UK /ɪn tɜːm/

Phrase

with regard to a particular aspect or subject

Example:
In terms of cost, this option is the most affordable.
How do you feel about the new policy in terms of its impact on employees?