long-term basis
[lɔŋ-tɜrm ˈbeɪsɪs]
noun phrasepl: long-term bases
base de longo prazo
1. a foundation or arrangement intended to last for an extended period of time, typically months or years
The company hired the consultant on a long-term basis to oversee the transformation project.
A empresa contratou o consultor em base de longo prazo para supervisionar o projeto de transformação.
2. a sustained or permanent arrangement rather than a temporary one
We are establishing this partnership on a long-term basis to ensure stability.
Estamos estabelecendo esta parceria em base de longo prazo para garantir estabilidade.
3. financial or strategic planning focused on extended time horizons rather than immediate returns
The investment strategy operates on a long-term basis with a 10-year horizon.
A estratégia de investimento opera em base de longo prazo com um horizonte de 10 anos.
This phrase is commonly used in both Brazilian business and academic contexts. In Brazil, it reflects the preference for establishing stable, enduring professional relationships rather than transactional arrangements. The concept aligns with Brazilian business culture's emphasis on personal relationships and trust-building over time. In the United States and Portugal, it is primarily used in corporate and institutional settings.
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