As stated above, a Terms of Service agreement is a legal agreement where you disclose your rules and guidelines that your users or visitors must agree to in order to use your website or app.
Some common rules and guidelines include the following:
Not stealing your content and violating copyright laws
Not spamming other users
Not using your site for illegal activities
Regardless of what you call your Terms of Service, the aim of the agreement is the same:
Disclose the rules and restrictions that your users must adhere to
Maintain your right to terminate abusive accounts
Make your copyright, trademark and intellectual property rights known
Limit your liability
Disclaim warranties
Depending on the nature of your business, your ToS may also need clauses that cover:
Payment terms
Subscription information
Licensing rights
Customer support