Step 1:  From the System Admin screen, click on Control Panel from the Administrative Options column on the right-hand side of the screen.

Step 2:  Select System Options from the left-hand column

Step 3:  Click on the Terminology button

Step 4:  Select the box under the My Term column for the default term you wish to change

Step 5:  Type your term in the box for the default term you wish to change

Step 6:  Click the Save button