duration

Meaning

Noun

  • An amount of time or a particular time interval.
  • The time taken for the current situation to end, especially the current war
  • A measure of the sensitivity of the price of a financial asset to changes in interest rates, computed for a simple bond as a weighted average of the maturities of the interest and principal payments associated with it.

Origin

  • From Middle English duracioun, from late Old French duracion, from Medieval Latin dūrātiō.

Modern English dictionary

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