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Dictionary:

short-term

  (shôrt'tûrm')
adj.
  1. Involving or lasting a relatively brief time.
    1. Payable or reaching maturity within a relatively brief time, such as a year: a short-term loan.
    2. Acquired over a relatively brief time: short-term capital gains.

 
 

1. In general, holding an asset for short period of time.

2. In accounting, an asset expected to be converted into cash in the next year, or a liability coming due in the next year. Also known as current assets and liabilities.

3. For investing, a security that matures in one year or less.

4. For taxes, a holding period of less that one year.

Investopedia Says:
As you can see from above, the exact definition depends on the context. However, in general, you can think of short term as within the next year.

The determination can be very important for taxes. Assets held short-term are generally taxed at a higher rate than assets held for more than a year.

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Periodical subscription sold for a duration of less than one year. trial offers are frequently made on a short-term basis, encouraging high order rates but placing a financial burden on the publisher, who must spread the cost of the subscription sale across fewer issues.

 

Accounting: assets expected to be converted into cash within the normal operating cycle (usually one year), or liabilities coming due in one year or less. See also Current Assets; Current Liability.

Investment: investment with a maturity of one year or less.

Taxation: stock, bonds, or other property held less than one year, the capital gains on which were once taxed as ordinary income, in contrast to long-term gains, which were once taxed at a more favorable rate.

 
Thesaurus: short-term

adjective

    Intended, used, or present for a limited time: impermanent, interim, provisional, short-range, temporary. See continue/stop/pause.

 
 

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Copyrights:

Dictionary. The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2007, 2000 by Houghton Mifflin Company. Updated in 2007. Published by Houghton Mifflin Company. All rights reserved.  Read more
Investment Dictionary. Copyright ©2000, Investopedia.com - Owned and Operated by Investopedia Inc. All rights reserved.  Read more
Marketing Dictionary. Dictionary of Marketing Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Business Dictionary. Dictionary of Business Terms. Copyright © 2000 by Barron's Educational Series, Inc. All rights reserved.  Read more
Thesaurus. Roget's II: The New Thesaurus, Third Edition by the Editors of the American Heritage® Dictionary Copyright © 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.  Read more

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