Long term 1807662 205018717 2008-04-11T22:39:02Z SmackBot 433328 Date the maintenance tags or general fixes {{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]] {{economics-stub}}