Simple Definition of long–term
: lasting for, relating to, or involving a long period of time
Full Definition of long–term
1 : occurring over or involving a relatively long period of time <seeking long–term solutions>
2 a : of, relating to, or constituting a financial operation or obligation based on a considerable term and especially one of more than 10 years <long–term bonds> b : generated by assets held for longer than six months <a long–term capital gain>
First Known Use of long–term
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