Dave's ESL Cafe's Student Discussion Forums

[ClarissaMach]

I'm having a hard time to translate the Portuguese word "prazo" to English.

"Prazo" means an stated period in which one is supposed to do something. For example: imagine that today (07/05) a teacher tells his students to make a composition. He says they have a week to do it. One week is the "prazo" the students have to do the composition. 07/12 will be the last day of the "prazo".

Now imagine we're talking about someone who negotiates with financial institutions for longer "prazos", i.e., for a longer stated period of time to pay a debt.

Could someone tell me if is there a word that might replace "prazo" in the sentences above?
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[CP]

For a school assignment, there is no special word for the time before the due date, but for a loan, there is.

You would say that you have one week to complete the assignment, or one week to work on it, or one week within which to finish it. It is due on the due date or the deadline.

For a loan, the time that the borrower keeps the money is the term of the loan. The money is due back to the lender at the loan's maturity date. The loan matures in one week, one year, or whatever the stated period. There may be payments in intervals; these are installment payments. The additional money paid to the lender is the interest on the loan.
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You live a new life for every new language you speak. -Czech proverb