Short-term financial plan

(redirected from Short Term Financial Planning)

Short-term financial plan

A financial plan that covers the coming fiscal year.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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He also highlighted further failings including a council-knows-best culture, lack of ability to change, short term financial planning and poor community leadership.

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