Best way to reuse a list across multiple sites in a tenant

OK, so MM is the best way for a single value (e.g.: "Department"). What if we expand the scope a bit to include a list with multiple columns. For example, we're a University where a lot of things occur or relate to cycles like academic years or terms. I'm working on 5 different projects now that all involve a "Term" field in a form, list or app. At the University level, a Term has a title ("Fall 2018"), code ("201815"), start date, and end date. We can create a content type in the content type hub for "Term" which has those columns, but this would still require each site to have its own "Terms" list using that content type, but with items created/managed by the site owner (or a member). This is how we did it in SP2010, but it wasn't an ideal solution. I have to imagine that there is a better way in Office 365, but not sure what it is. I don't think Managed Metadata terms can have "properties", can they?