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Definition duration


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


duration (countable and uncountable, plural durations)

  1. An amount of time or a particular time interval.
  2. (in the singular, not followed by "of") The time taken for the current situation to end, especially the current war
  3. (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.

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