Definition

Adjective: * Relating to or extending over a limited period: Describes something designed for, applicable to, or effective only in the immediate or near future, as opposed to a long-term perspective.

Usage

The adjective "short-run" is used to modify nouns, indicating that the scope, impact, or planning of the noun is temporary or immediate. It is often used in economic, business, and planning contexts. It is typically hyphenated.

Examples

• The company implemented a short-run strategy to boost quarterly sales.
• We need to consider both short-run effects and long-term consequences.
• The factory increased production to meet short-run demand.
• His analysis focused on short-run market fluctuations.

Advanced Usage

• In the short run: This common adverbial phrase means "for the present time" or "over a limited period." It is often contrasted with "in the long run."
  • In the short run, the policy may cause some inflation, but it should stabilize the economy over time.
  • This solution will work in the short run, but we need a more permanent fix.

Variants and Related Words

• Short-term (adjective): A direct and more frequently used synonym for "short-run."
  • Short-term goals are often stepping stones to long-term objectives.
• Immediate (adjective): Emphasizes something happening or needing attention right now, with even less duration than "short-run."
  • The immediate problem is a lack of funding.
• Temporary (adjective): Describes something lasting for a limited time, not permanent. It can be a synonym but often implies a stopgap measure.
  • We set up a temporary office while the main building is renovated.

Synonyms

• Temporary
• Immediate
• Interim
• Provisional
• Short-term

Antonyms

• Long-run
• Long-term
• Permanent
• Lasting
• Enduring

Adjective

1. relating to or extending over a limited period
   • short-run planning
   • a short-term lease
   • short-term credit