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The phrase "a medium term" is correct and usable in written English
It can be used when discussing a timeframe that is neither short nor long, typically referring to a period of several months to a few years. Example: "The company aims to achieve its sustainability goals within a medium term of three to five years."
Exact(8)
"This is a medium term project," he said.
Iraqi officials met private investors in London during the week and spelt out a medium term goal of soon being a net exporter of oil.
The catch is that this is a "medium term" objective, and progress has been painfully slow even with the need in most countries to slash government spending.
"It's really nice to have a medium term goal.
However, in a medium term forecasting problem, we cannot foresee the excessive annual horizon.
This model could be classified as a medium term model based on its time horizon.
Similar(52)
A medium-term target of 15% would be ideal".
Bostock said: "It remains a medium-term objective for the organisation.
"We expect this to underpin the dollar on a medium-term perspective".
At the recent summit in Vienna, several countries supported a medium-term freeze on all spending.
Spreading the pain is essential.The third lesson concerns the importance of a medium-term plan.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com