What does the term "terms of art" refer to?

The term "terms of art" is used to refer to words or phrases that have a specific meaning within a particular industry or field. These terms are often not well understood outside of their context and have a precise significance to those who are familiar with the subject matter. In various industries, including law, medicine, and engineering, practitioners use these terms to communicate with clarity and accuracy among peers. This ensures that everyone within the field shares the same understanding of the terminology used.

Other answer choices address words used in specific contexts, but they lack the specificity that the term "terms of art" encompasses. While a term could indeed be used in legal documentation or be commonly understood among the public, the distinctiveness of "terms of art" lies in their specialized use within a certain professional sector, making the provided choice the most accurate representation of the concept.