How to show taxonomy value?

I am using following codes to show selected taxonomy name but it show

“Xdebug: Catchable fatal error: Object of class WP_Term could not be converted to string in C:\wamp\www\wordpress\wp-content\themes\testtheme\content-parts\content-fixture.php on line 34. Output triggered in C:\wamp\www\wordpress\wp-content\plugins\query-monitor\collectors\php_errors.php on line 157

”
Metabox code:

array(
					'name'				=> __( 'Select Venue', 'themepixels' ),
					'id'				=> "{$prefix}match_venue_cats",
					'type'				=> 'taxonomy',
					'options'			=> array(
						'taxonomy'		=> 'venue',
						'type'			=> 'select_advanced',
						'args'			=> array()
					),
					'multiple'			=> false,
				),

Frontend code:

  $terms = rwmb_meta( 'pb_match_venue_cats' );
        if ( !empty( $terms ) ) {
            $content = '<ul>';
            foreach ( $terms as $term ) {
                $content .= sprintf(
                    '<li><a href="%s" title="%s">%s</a></li>',
                    get_term_link( $term, 'venue' ),
                    $term->name,
                    $term->name
                );
            }
            $content .= '</ul>';
            echo $content;
        }

• This topic was modified 8 years, 2 months ago by greatestmessi.
• This topic was modified 8 years, 2 months ago by greatestmessi.
• This topic was modified 8 years, 2 months ago by greatestmessi.