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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 ?
There is need for the assessment of long-term effects of outdoor air pollution.
Special rules apply if a section 467 rental agreement is a leaseback or a long-term agreement, but only where such agreements are "disqualified." This requirement is met only if (1) a principal purpose for providing increasing or decreasing rent is the avoidance of federal income tax, (2) the IRS determines that, because of the tax avoidance purpose, the agreement should be treated as a disqualified leaseback or long-term agreement,(46) and (3) the amount of rent under the agreement exceeds $2 million.(47) When the final section 467 regulations were released, the IRS proposed regulations that will eliminate the $2 million threshold on a prospective basis.(48)
The second is the DVD disc that is an emerging storage technology with considerable future potential for the long-term storage of electronic records because of its high storage capacity and high data-transfer rate.
In September 1997, President Clinton and Vice President Gore met with disability community representatives to discuss how to move forward on a long-term care agenda.
23 shows both initial and long-term results with primary antioxidants alone.
The HIV isolated from long-term survivors grew very poorly in the laboratory, a hint that it may be a particularly flimsy version of the virus.
Looking at it from his market's perspective, Paul Guth, president and COO of Artromick, vendor of automated medication management systems for long-term care, noted, "Artromick has noticed a move toward the investigation of technology and how both pharmacy automation and mobile clinical management software can help the pharmacy and facility thrive in this challenging business environment." As it stands, he added, "Medicare reimbursement pressures have driven the dispensing process into an antiquated model that is wasteful," and "nurses are requesting a [streamlined] medication management system," to which the market has not fully responded, with 30-day medication supplies still the norm.
* Many of these younger adults have heard about or personally witnessed what can happen to parents and grandparents, boomers and even younger folks like themselves who are suddenly faced with the enormous costs of long-term care--and don't have the money to pay for it.
We are concerned about previous legislative proposals included in VA's budget request to control long-term care expenditures coupled with the $446 million error in estimating long-term care costs for fiscal years 2005 and 2006.
On a positive note, few respondents were concerned about new developments over the long-term. In addition, this edition of the Pulse showed a resurgence in the importance of portfolio management as a dominant issue.
The proposed regulations would characterize the entity that was an original party to the long-term contract (and, therefore, the transferor of the contract) as the "old taxpayer" and the entity made responsible for reporting the income from the same contract (the transferee) as the "new taxpayer." For this purpose, an "old taxpayer" would include any predecessors of the old taxpayer.