what's meant by one term in office in the following sentence?

Question

The crowning achievement of President Carter's one term in office was arguably his rule in the historic and lasting peace agreement between Israel and Egypt.

Answer 1

Every president is allowed to sit for only 2 terms of 4 years each in office - do not have to be consecutive but no president can be in power for more than 2 terms. Jimmy Carter was elected only once and therefore was president for 4 years or 1 term - he was defeated in the next election.

Answer 2

The President of the United States has a time limit of four years, which is referred to as a term.