Kortfristig

"Kortfristig" is a Swedish adjective that translates literally to "short-term" in English. It is used to describe actions, arrangements, or financial instruments that have a brief duration, typically lasting until the end of a fiscal year or a period of less than twelve months. The term is widely applied in accounting, finance, economics, and project management contexts.

In accounting, kortfristiga tillgångar (short‑term assets) refer to assets that can be realized, sold, or converted into cash within one year. Examples include cash and cash equivalents, accounts receivable, and inventory. Kortfristiga skulder (short‑term liabilities) are obligations that must be settled within the same time frame, such as short‑term loans, accounts payable, and accrued expenses. The balance of short‑term assets versus liabilities determines a company's liquidity position and is reflected in ratios such as the current ratio and quick ratio.

In finance, short‑term instruments—kortfristiga värdepapper—include Treasury bills, commercial paper, and short‑term notes. These securities have maturities of fewer than one year and are often used by investors seeking liquidity and lower risk. Short‑term interest rates, such as the repo rate or the Euroshort rate, are key indicators of monetary policy influences on borrowing costs.

Project management and strategic business planning also employ the concept of kortfristig goals and objectives. Short‑term objectives are specific, measurable actions planned for immediate execution, often aligning with broader long‑term strategies. Managing kortfristig responsibilities requires a focus on resource allocation, budgeting, and risk assessment over a limited horizon.

Overall, the term kortfristig signifies a time-bound, immediate scope across multiple disciplines, emphasizing the importance of short-term planning and execution within a broader framework of long‑term outcomes.