Medium-Term Application Guidelines (EIB03-02g) 2025

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Though the term does not necessarily denote a specific length of time, many consider anything below two years to be short-term; from two to ten years as medium term; and anything beyond 10 years to be long term.
Medium term financial goals are the ones you want to achieve in one to five years, such as buying a car, saving for college, or starting a business. These goals are usually moderate risk, meaning you may face some uncertainty or fluctuations in your income, expenses, or returns.
Medium-term goals are goals you plan to achieve within five to 10 years.
Short-term goals can be achieved in fewer than two months. Medium-term goals may take from two months to three years to achieve. Long-term goals require three or more years to achieve. Long-term goals may be built upon short-term goals.
British English: medium-term NOUN /ˈmiːdɪəmˌtɜːm/ The medium-term is the period of time which lasts a few months or years beyond the present time, in contrast with the short term or the long term. The medium-term economic prospects remained poor. American English: medium term /ˈmidiəmˌtɜrm/
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