long run

The distant future

The long run is an extended period of time, as opposed to the short run or immediate future.

In economics, it's specifically a timeframe long enough for all factors of production to be variable—prices adjust, firms enter or exit markets, capital can be replaced.

In the long run, inflation erodes savings.

The phrase in the long run means eventually or ultimately, often implying that short-term difficulties will resolve themselves.

marathon

training

Developing abilities through practice

endurance · hydration · carbohydrate · finisher · medal · bib · course · personal-best · stamina · athlete

persistence

determination

Firmness of purpose

fortitude · grit · patience · commitment · stamina · dedication · willpower · discipline · resolve · doggedness

timeframe

eventually

At a later time

outlook · decades · years · trajectory · trend · projection · forecast · planning · sustainability · legacy

economics

investment

Deploying capital for returns

strategy · stocks · bonds · dividends · capital · equity · funds · securities · assets · wealth

Categories
Opposites
temporal duration

long runshort term

Of limited duration

near term · here and now · right now · moment · instant

planning perspective

long runshort term

Of limited duration

immediate future · near future · immediate · present · now

economic/planning horizon

long runshort term

Of limited duration

immediate · near term · transitional period · adjustment period

Family

run, long, length, longer, lengthy, prolong, prolonged, lengthen, elongate

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Known to kids · Used worldwide · Timeless · Everyday, not technical · Rated G