The phrase "intermediate term" refers to a period of time that is neither short nor long, but in the middle. It typically indicates a timeframe that is longer than immediate, but shorter than the long term. Full definition
This is less than the 5.5 % (plus inflation) that you could have withdrawn if you had not tried for the benefits of intermediate term timing. (early-retirement-planning-insights.com)
Even if intermediate term timing were to fail to produce bargain portfolios along the way, most likely you would have opportunities to begin a second Dividend Blend portfolio under favorable conditions. (early-retirement-planning-insights.com)
What is the interest rate on intermediate term bonds these days? (investorjunkie.com)