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What is a duration?

What is a duration? Here are some definitions.

Noun
  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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The latter is known to be due to the fact that hypocalcemia prolongs the duration of phase two of the action potential of cardiac muscle.
However, the ideal regimen and duration of treatment have not yet been resolved.
For the duration of the holiday, from Dec. 26 until Jan. 1, stores will put on Kwanzaa displays using African themes and featuring a kinara.
Leaves were then illuminated with actinic light and saturating flashes of 0.7 s duration were applied every 1.5 min.
The unpiloted vehicle's supersonic combustion ramjet, or scramjet, ignited as planned and operated for the duration of its hydrogen fuel supply.
For the duration of our trip, either our escorts accompanied us or we were under police security.

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