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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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Examples
Although troops need to be acclimatized for any kind of mountainous terrain, the duration depends on the altitude at which the unit must operate.
Liebenberg is a qualified physiotherapist who has been contracted to the Windies for the duration of the World Cup.
However, the ideal regimen and duration of treatment have not yet been resolved.
We found that women underestimated the average man's desired duration of foreplay and intercourse.
So preoccupied were the bears that they paid no attention to us for the whole duration of our 1,5 hour watch.
Leaves were then illuminated with actinic light and saturating flashes of 0.7 s duration were applied every 1.5 min.

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