Short, medium, long term in finance

This might be a stupid question but what are the definitions of each in terms of duration? Everyone I asked seem to have a different answer.

 

Hi, based on the answers you have you may have your answer. many parameters can affect what someone can point as short/medium/long term. for example whether s/he works in a life/non life company. for example for a life+health company short term finance could be alligned with the term of each line of business. so ST 0-1 years MT 1-5 years and LT afterwards.

 

I agree with those timescales, but it depends a lot on context