long term

Definition

Generally, a time frame for investing in which an asset is held for at least seven to ten years. The measure of a "long term" time frame can vary depending on the asset held or the investment objective. In business accounting measures, long term can be a period of time that exceeds 12 months.

Use long term in a sentence

  • The interest rate on certificates of deposit can be greater than other investment instruments, if you're willing to leave your money in one for the long term.

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  • You should always have the long term goals of your company in mind and not get to caught up in the short term.

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  • The business plan he proposed projected years and years� worth of investing, he made it obvious this deal would be long term.

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