The terms object is produced by mixmeta when fitting the meta-analytical model, and stored as an attribute of the model.frame. Note that this object consists of terms for both the fixed and random-effects parts, the latter including also the grouping factors.
By using the default type="fixed", this method function removes the random-effects terms. This can then be used, for instance, for creating the model.matrix for the fixed effects. Otherwise with type="full", the full set of terms is returned.