Meaning of the word "in the long term" in English

What does "in the long term" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

in the long term

US /ɪn ðə lɔŋ tɜrm/
UK /ɪn ðə lɒŋ tɜːm/

Phrase

over a long period of time in the future

Example:
Investing in education pays off in the long term.
We need to consider the environmental impact in the long term.