Definition

An exam given in the middle of a semester to assess learning so far and provide early evidence that you're failing before you've completely given up.

Example Usage

The midterm exam covered material from the past six weeks and was somehow harder than the full course final exam.

Origin

Compound of 'mid' and 'term,' standard in academic calendars since the 20th century

Fun Fact

Midterms exist at a sweet spot of stress: early enough that you haven't learned much, late enough that you've accumulated real anxiety

Source: Academic calendar terminology

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