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Three or more years. In the context of accounting, more than 1 year.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Long Term

Describing a plan, strategy, security, or anything else with a term of longer than one year. The exact number of years varies according to the usage. For example, a long term financial plan outlines investment and other financial goals for any time more than one fiscal year, while a long term bond has a maturity of 10 or more years. Anything long term involves more uncertainty than anything short term because, generally speaking, market trends are more easily predictable in the short term. Thus, while planning for the long term is necessary, one's plan must be flexible to account for its inherent uncertainty.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. See also holding period.
2. Of or relating to a liability for which a long period of time (usually one year) remains until payment of the face amount comes due. A long-term bond is a long-term liability.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Decision ECB/2019/21 of 22 July 2019 on a third series of targeted longer-term refinancing operations defines the conditions for participation in TLTRO III and other operational aspects.
It is important therefore that pregnancy care is not just about the physical health of the mother and the health of the unborn child, but also about women's emotional wellbeing, which can give us a lot of important information about how they might react to being a new mum in the longer-term,' Preston added.
Average longer-term expectations for real growth in euro area GDP remained unchanged at 1.6%.
I think we should refinance longer-term debt," Trump said.
It said even longer-term deals in the "best buy" tables now offer returns of less than three per cent - showing the need for savers to act quickly if they see a good deal.
''They really haven't even been out long enough to maybe recognize they're having longer-term issues with PTSD or with depression,'' she said.
"Discussions about longer-term solutions beyond 2016 are still ongoing with Salt Lake and other potential host cities," says Haroutunian.
Other creditors, led Emirates NBD, are expected to seal a longer-term restructuring deal that would extend loans by up to 12 years to allow asset prices to recover, reported the British newspaper.
Houston has been keen to extend former Hearts' star Skacel's contract but revealed the player is looking for a longer-term deal.
A study of opioid use among worker's compensation claimants reveals that longer-term use in increased in nearly half of the 21 states analyzed compared to a similar study conducted a year ago.
A study of opioid use among workers' compensation claimants reveals that longer-term use increased in nearly half of the 21 states analyzed compared to a similar study conducted a year ago.