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Russell's meaning of What does Russell mean by "term" in Principles of Mathematics?

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Russell's meaning of "term" in Principles of Mathematics

Bertrand Russell in Principles of Mathematics defines a term as "Whatever may be an object of thought, or may occur in any true or false proposition or can be counted as one." Can someone elaborate on this and give an example of something which is not a term?

Russell continues later on by saying that in the sentence, "Socrates is human", we have only one term, Socrates, a verb, and a predicate. Why is human not considered a term?