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The usual term is a "lame duck" president, although this can also be applied to a two term president who's party is voted out of office for the next election - i.e. George H.W. Bush was a "lame duck" president because he only served one term, and George W. Bush was a "lame duck " president because his party lost the next presidential election.

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Q: What name is given to a president in second term who cannot seek reelection?
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