LONG TERM Meaning and
Definition
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Long-term, often hyphenated as "long-term," is an adjective used to describe an extended period of time or actions that have an enduring effect or consequence. It refers to a duration that exceeds the immediate or short term and typically refers to a time frame of several months, years, or even decades. This term is frequently used in various contexts, including personal finance, business strategies, investments, goals, plans, relationships, and policies.
In finance, long-term investments typically denote assets held for an extended period, such as stocks, bonds, or real estate. It relates to the belief that over time, these investments will yield significant returns or provide stable income. Similarly, long-term financial planning or goals involve devising strategies over an extended period to reach desired financial objectives.
In a broader sense, any situation or decision with implications that extend beyond the immediate future can be considered long-term. For instance, long-term relationships refer to commitments that are intended to last for a considerable period, if not indefinitely. In the field of business, long-term planning involves setting goals and crafting strategies to achieve sustainable growth over an extended period.
Overall, the term "long-term" denotes a perspective or approach that takes into account the potential outcomes, consequences, or benefits that arise over a significant period of time, often with the ultimate aim of fostering stability, growth, or continuity.
Etymology of LONG TERM
The word "long term" originated from the Middle English period, when "long" and "term" were separate words.
The term "long" comes from the Old English word "lang", which was derived from the Proto-Germanic word "langaz". This word has ancient roots, likely stemming from the Proto-Indo-European language, and is related to various Germanic languages with similar meanings.
On the other hand, "term" has Latin origins. It is derived from the Latin word "terminus", meaning "end" or "boundary". In Latin, "term" referred to a fixed period, limit, or a boundary point.
Over time, "long" and "term" gradually merged into the compound word "long-term". This term is commonly used to describe circumstances, plans, investments, or commitments that extend over an extended period of time, emphasizing the duration or extended nature of the arrangement or obligation.
Idioms with the word LONG TERM
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in the long term
The idiom "in the long term" refers to a period of time that is distant or extended, usually referring to future outcomes, consequences, or trends. It suggests looking beyond immediate or short-term gains or losses and considering the potential effects and circumstances that may arise over an extended duration.
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over the long term
The idiom "over the long term" refers to events, actions, or outcomes that occur or develop gradually and become apparent or significant in the distant or extended future, rather than in the short or immediate term. It indicates a perspective or focus on a more extended time frame when considering the effects or consequences of something.
Similar spelling words for LONG TERM
- Lunged,
- Longtin,
- long time,
- long suit,
- long-term,
- longitude,
- long ton,
- long tom,
- Longed,
- Lounged,
- longstreet,
- long shot,
- longtime,
- longstreth.
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