Definition, Meaning & Synonyms
medium-term
Adjective
/ˈmiːdiəm tɜrm/
Definition
Referring to a period of time that is neither short nor long, typically involving several months to a few years.
Examples
- The company plans to achieve its medium-term objectives by implementing new strategies.
- Investors often look for medium-term gains when they evaluate potential stocks.
- Setting medium-term goals helps individuals stay focused while working towards larger ambitions.
Meaning
The term ‘medium-term’ is often used in planning, investments, and projects, indicating a timeframe that strikes a balance between immediate needs and long-term goals.
Synonyms
- Intermediate
- Mid-range
- Average-term