diff --git a/public/terms/index.html b/public/terms/index.html
index d9df8f7..5fbf2aa 100644
--- a/public/terms/index.html
+++ b/public/terms/index.html
@@ -170,6 +170,9 @@
 <h2>Payments</h2>
 <p>Where paid offerings are available, you agree to pay applicable charges at checkout. Accepted payment methods may vary by offering. Unless required by law or stated otherwise in writing, fees are non-refundable.</p>
 
+<h2>No Investment Expectation</h2>
+<p>Designations, memberships, and related access credentials are utility access instruments for EDUT services. They are not investment contracts, securities, profit-sharing instruments, or claims on company equity, assets, or revenue. EDUT does not promise appreciation, resale value, financial return, or secondary-market liquidity for any access credential.</p>
+
 <h2>Intellectual Property</h2>
 <p>The Services, including software, text, visual assets, trademarks, logos, and documentation ("Edut IP"), are owned by Edut LLC or its licensors and are protected by applicable intellectual property laws. Except where explicitly licensed in writing, no rights are granted to copy, modify, distribute, reverse engineer, or create derivative works from Edut IP.</p>