A school term or semester — a fixed period during the academic year (e.g., fall/spring semester).
今学期は新しい先生が二人来ました。
Two new teachers arrived this semester.
学期の終わりに成績表が配られます。
Report cards are handed out at the end of the term.
次の学期から授業の時間割が変わります。
The class schedule will change starting next term.