Legal Definition
In a legal context, 'short-term' refers to a duration or timeframe that is brief or limited in scope, often used to denote an action, obligation, or period of time that is relatively quick or temporary. It implies a defined limit on the duration of an event, obligation, or requirement.
Plain-English Translation
Imagine 'short-term' means something that doesn't last very long—like a brief vacation or a short-term contract. In law, it means setting a time limit for something, like a deadline or a limited period of responsibility.