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Long Term

Categories: Bonds

The best way of being greedy.

Long-term greed trumps short-term greed every time. Think: Wall Street 3: The Reckoning.

Long-term "anything" usually refers to "at least a year," and in the land of accounting, long-term things like assets and liabilities are all counted as being around for over a year.

Find other enlightening terms in Shmoop Finance Genius Bar(f)