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This domain would be ideally suited to a company in the legal or business sectors.
The name "Termsy" has only six letters and only two syllables. Two syllable names make popular global brands. Two syllable names are used by established brands like Gillette, Facebook and Boeing.
Termsy.com is a dot com domain. Dot com is the most sought after domain extension. Once secured, a dot com all but guarantees no-one else can outrank you for your own name in the long run.