short-termˈshort-term adjectiveadj1continuing for only a short time, or concerned only with the period of time that is not very far into the futureMost 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.
2in the short term in the immediate future, rather than laterThe bank is unlikely to cut interest rates in the short term.
3FINANCE short-term lending, borrowing etc is for less than one yearMany financial services companies offer high interest, short-term loans.
→ compare long-term —short-term adverbadvShort-term prospects do not look good.
—short-termism noun [uncountableU]These countries are criticised for lack of planning, lack of strategic thinking and short-termism.