Long run

Definition

A period of time in which all costs are variable; longer than one year.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University


Term of the Day

Replacement cost insurance
Insurance that pays out the full amount required to replace damaged property with new property, without taking into account the depreciated value of the property.

Subscribe to the Term of the Day via email Get the Term of the Day in your inbox!

Create your free portfolio