Sometimes, there is an absolute limit on the number of terms an officeholder can serve, while, in other cases, the restrictions are merely on the number of consecutive terms.
For example, Maxwell's Equations would always be capitalized, while quantum mechanics is usually un-capitalized. I searched half a dozen sites for an answer to this but found no clue about a rule. So go either way that makes you happy, but (most of all) be consistent.
Capitalizing a word gives it significance or emphasis. Excessive use of capitals negates this purpose, and todayâs trend is toward a lowercase style. Proper nouns and formal names of departments and individuals are capitalized. In text, academic degrees when used in a general sense are not capitalized.