Focus on the pronunciation of long-term
› 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