The phrase "alter the term" is correct and usable in written English.
You can use it when discussing changes or modifications to a specific term or definition in a particular context.
Example: "In our discussion, we may need to alter the term to better fit the new framework we are using."
Alternatives: "modify the term" or "change the term".
Then there is the question of whether any proposal to alter the term limits law would make it to the floor of the Council.
Still, some candidates say they will run even if the City Council decides to alter the term limits law, which was approved in two public referendums.
Mr. Bloomberg's role takes on an added complexity because of his decision to alter the term limits law and seek a third term.
One aide drew an analogy to Mr. Miller's successful efforts to alter the term limits law, which gave him two extra years in office.
One point discussed was whether a provision in the municipal home rule law stipulating that a referendum is needed to alter the term of an elected office might apply in this case, several of the participants said.
When cash flows and consumption share a common stochastic trend (i.e., are cointegrated), temporary deviations between their levels forecast long-horizon dividend growth rates and returns, and consequently, alter the term profile of risks and expected returns.
From Mayor Michael R. Bloomberg, Mr. Obama can absorb how to fiddle with the rules, as the mayor did in leaning on the City Council to alter the term-limits law to give him a shot at a third term.
We are deeply reluctant to alter the terms of Our long-established covenant with Our Creation.
It would provide incentives to lenders who alter the terms of loans to make them affordable for the troubled borrowers.
So why alter the terms of the learning process when the child goes to school?, Gattegno asks.
Federal District Judge J. Frederick Motz ought to push the software company and the plaintiffs' lawyers in these cases to substantially alter the terms of the settlement.
