Long term
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{{Mergeto|Long-run|date=April 2008}}
== In economics ==
{{main|economics}}
'''Long term''', in economics, is the period of time required for economic agents to reallocate resources, and generally reestablish [[Economic equilibrium|equilibrium]].
The actual length of this period, usually numbered in years or decades, varies widely depending on circumstantial context. During the long term, all factors are variable.
According to [[John Maynard Keynes]], "In the long term, we're all dead."
== In finance ==
For financial operations (borrowing, investing...), what is considered
* '''long term''' is usually above 7 years,
* [[medium term]] is usually between 2 and 7 years,
* [[short term]] is usually under 2 years.
{{see also|Finance#Sources of capital}}
== See also ==
* [[time horizon]]
[[Category:Microeconomics]]
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