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English definition of “long-term”

long-term

adjective [usually before noun]
 
 
/ˌlɒŋˈtɜːm/
continuing to exist or have an effect for a long time into the future: It's too early to tell whether the long-term benefits of biofuel plants will exceed the taxpayer dollars invested in them.a long-term agreement/contract/deal Unions are negotiating a long-term agreement to keep the jobs in the local area. The fund seeks long-term growth of capital. long-term debt/effects/planning
ACCOUNTING relating to a period of time of more than one year: Guessing the long-term cash flow of an established business is relatively simple.
FINANCE relating to money that is borrowed or invested for a long period of time: The Fund's cash reserve could then be used to buy long-term bonds on the cash market. long-term investment/ borrowing/savings → Compare short-term
(Definition of long-term adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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