Short-term financial plan

(redirected from Short-Term Financial Plans)

Short-term financial plan

A financial plan that covers the coming fiscal year.

Short-Term Financial Plan

A financial plan outlining investment and other financial goals for the coming fiscal year. Short-term financial plans involve less uncertainty than long-term financial plans because, generally speaking, market trends are more easily predictable in the short term. Likewise, short-term financial plans are more easily amendable as a result of the short time frame. Short-term financial plans usually invest in short-lived securities, such as T bills. A short-term financial plan aims to achieve goals that would be beneficial for one's long-term financial plan.
References in periodicals archive ?
Firms like Rover, Hyder - even the BMWs of this world - are forced to make short-term financial plans.
Money 2000 Deluxe allows consumers to manage their day-to-day finances and develop long and short-term financial plans.
They will be able to develop both long- and short-term financial plans, allocate current investments and assets, diversify investments, assess and forecast cash flows, determine risk tolerance and manage finances, in addition to estate planning, tax planning, long-term care and disability planning.

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