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Word: duration
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Meaning:
Noun:
- An amount of time or a particular time interval
- finance 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.
- (''in the singular, not followed by "of"'') The time taken for the current situation to end, especially the current war
Source: Wiktionary
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