In the context of education, class terms usually refer to the set time periods into which the academic year is divided. Class terms help organize when courses begin and end, when grades are due, and how content is paced throughout the year. They also impact things like report cards, transcripts, and course registration.
You can view the terms that have been set automatically in your integrated data by going to Settings > Global Settings > Terms.
Once the Terms window is open, you can see a list of the terms that have been set or have already passed.