duration
/djʊˈɹeɪʃn̩/ · d·u·ra·tion
noun
- An amount of time or a particular time interval. The duration of the concert was three hours.
noun
- The time taken for the current situation to end, especially the current war. Rationing will last at least for the duration.
noun
- A measure of the sensitivity of the price of a financial asset to changes in interest rates. The duration of the bond was calculated to be 5 years.
Did you know? The concept of duration has been studied extensively in physics, particularly in the fields of relativity and quantum mechanics.