Definition
Investment time horizon is the expected period before invested funds will be needed, reassessed alongside goals, liquidity, and capacity for loss.
In market context
A longer horizon may allow more time to recover from volatility, but it does not make every risky or illiquid product suitable. The relevant horizon can shorten when income, obligations, health, or goals change, and locked products may still mature after the money is needed. Matching portfolio risk and access terms to actual cash-flow needs helps avoid forced sales during unfavorable market conditions.
Source
Use the primary source for fuller regulatory or market context.
