"Long term" refers to an extended period, typically spanning several years or more. It is often used in contexts such as finance, planning, and personal goals, indicating a focus on outcomes that will develop over time rather than immediate results. For example, investing in the stock market is often considered a long-term strategy, as it aims for growth over many years. In personal development, long-term goals might include achieving a degree or saving for retirement. These goals require consistent effort and patience, as they are not achieved overnight. Understanding the concept of long-term helps individuals and organizations plan effectively for the future.