short-termism

short-termism
short-term ˈshort-term adjective
1. continuing for only a short time, or concerned only with the period of time that is not very far into the future:

• Most of the staff are on short-term contracts.

• We will continue to manufacture products to build our market share, even at the cost of short-term losses.

2. in the short term in the immediate future, rather than later:

• The bank is unlikely to cut interest rates in the short term.

3. FINANCE short-term lending, borrowing etc is for less than one year:

• Many financial services companies offer high interest, short-term loans.

— compare long-term
— short-term adverb :

• Short-term prospects do not look good.

— short-termism noun [uncountable] :

• These countries are criticised for lack of planning, lack of strategic thinking and short-termism.

* * *

short-termism UK US noun [U] DISAPPROVING
► the practice of considering only the immediate advantages of particular actions: »

Some of Europe's entrepreneurs reveal an alarming level of short-termism in making their investment decisions.


Financial and business terms. 2012.

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Look at other dictionaries:

  • short-termism — n [U] a way of planning or thinking that is concerned only with what gives you advantages now, rather than what might happen in the future ▪ plans to combat short termism among investors in British industry …   Dictionary of contemporary English

  • short-termism — noun (U) a way of planning or thinking that is concerned only with what gives you advantage now, rather than what might happen in the future: short termism in the banking world short termist adjective …   Longman dictionary of contemporary English

  • short-termism — N UNCOUNT (disapproval) If you accuse people of short termism, you mean that they make decisions that produce benefits now or soon, rather than making better decisions that will produce benefits in the future …   English dictionary

  • short-termism — short termˈism noun (a tendency towards) the adopting of only short term views, solutions to problems, etc • • • Main Entry: ↑short …   Useful english dictionary

  • short-termism — An attitude that places *short term over long term gains. The management of a corporation may be tempted to enhance *short term *earnings to impress investors (and to boost the managers’ *remuneration), yet their decisions could cause *long term… …   Auditor's dictionary

  • short-termism — Any policy that aims to maximize current profits rather than long term development and wealth. For example, cutting back on research and development reduces immediate costs but may lead to products becoming obsolescent in the future. A company… …   Accounting dictionary

  • short-termism — Any policy that aims to maximize current profits rather than long term development and wealth. For example, cutting back on research and development reduces immediate costs but may lead to products becoming obsolescent in the future. A company… …   Big dictionary of business and management

  • short-termism — UK [ˌʃɔː(r)t ˈtɜː(r)ˌmɪz(ə)m] / US [ˌʃɔrt ˈtɜrˌmɪzəm] noun [uncountable] British a tendency to act in a way that produces short term benefits, without considering the future effects …   English dictionary

  • short-termism — /ʃɔ:t tɜ:mɪz(ə)m/ noun the fact of taking a short term view of the market, i.e. not planning for a long term investment …   Dictionary of banking and finance

  • short-termism — noun The concentration on obtaining immediate profit at the expense of long term security …   Wiktionary

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