Long-term financial plan

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Long-term financial plan

Financial plan covering two or more years of future operations.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Long-Term Financial Plan

An investment plan or strategy with a term of usually longer than one year. A long-term financial plan involves more uncertainty than anything short-term because, typically, market trends are more easily predictable in the short term. On the other hand, planning for the long-term is necessary in order to enjoy financial security in retirement. Thus, while planning for the long term is necessary, one's plan must be flexible to account for the uncertainty inherent to it.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
As a long range planning body, it is the role of the planning commission to conduct citizen participation activities to engage local residents and businesses of planning for the future of the community.
THE EXECUTIVE COUNCIL OF THE GOVERNMENT LAWYERS SECTION held its Annual Retreat and Long Range Planning Meeting in May at the Bar offices in Tallahassee.
In February of 2013 Ventana Research published Long Range Planning Recommendations: Steps to Develop a More Effective Process, after conceptualizing analysis from benchmark findings of over 250 corporate finance professional on their of long-range planning processes and technology.
Fraenkel was instrumental in reviving, and was an active member of, CalCPA's Business and Industry Committee, and also served as CalCPA director from 1981-83; chair of the state Committee of Industry; and member of the Long Range Planning Committee and Nominating Committee.
Fairfield County took another step toward a sustained recovery in the third quarter of 2004, as growing corporate confidence limited new sublease offerings and encouraged long range planning.
Word has it that the NEPA board of directors is meeting soon in Atlanta for a "long range planning and brainstorming session.
Marie's manager of long range planning, says both cities have applied for a further $34,000 from FedNor, with the municipalities making up the difference.
The chair of the Two-Year College Committee attended the meetings of the Long Range Planning Committee and the regular meetings of the Council and helped with Discovery Fair.
The final plan "provides a vision and context for judicial policy making and administration in the years ahead," said Ninth Circuit Judge Otto Skopil Jr., chair of the conference's Committee on Long Range Planning.
ERIC Descriptors: Academic Libraries; Access to Information; Elementary Secondary Education; Higher Education; Institutional Cooperation; Leadership Responsibility; Long Range Planning; Public Libraries; School Libraries; Shared Library Resources
expense of long range planning, content with reasoning that
Three years ago, the Long Range Planning Committee chaired by Dorothy Deringer delivered a long range planning report to ACM Council (i.e., ACM's Board of Directors).

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