Short term

In economics, the concept of the short-run refers to the decision-making time frame of a firm in which at least one factor of production is fixed. Costs which are fixed in the short-run have no impact on a firms decisions. For example a firm can raise output by increasing the amount of labour through overtime.
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Adjective
1. relating to or extending over a limited period; "short-run planning"; "a short-term lease"; "short-term credit"
(synonym) short-run
(similar) short

Any investments with a maturity of one year or less.

short-term /'ʃɔ:ttə:m/
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