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What does medium-term mean?

Looking for the meaning or definition of the word medium-term? Here's what it means.

Adjective
  1. Between short-term and long-term.
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Examples
The budget is part of a long anticipated medium-term expenditure framework.
Council chiefs have decided that any new parking facilities in the centre of York will only be short or medium-term.
The panel has been asked to consider the budget and medium-term financial forecast.
Overall, the short to medium-term outlook for construction seems optimistic.
Nonetheless, it is crucial to prevent any spillover of transitory short-term pressures into medium-term inflation expectations.
Current medium-term forecasts show output growth in the economy continuing above the rate for Scotland.

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