Tenure, which revolves around a vested right in an individual's academic position following a stated period of probationary service, is examined with regard to academic freedom. The historical perspective of each concept is reviewed, followed by discussion of: the role of the American Association of University Professors (AAUP); advantages and disadvantages of tenure; probationary periods; dismissal and due process; protection of the untenured by the tenured; and future prospects for academic tenure. Appended are portions of the Cardinal Stritch College faculty handbook on tenure and termination of services. (LBH)