The concept of 'long' is primarily a measure of extent or duration, often used to describe the spatial dimension or temporal length of an object or event. It is a relative term that requires context for its meaning, as what is considered 'long' can vary based on comparison or standard measurement units.

Long

measure of extent

Duration is a measure of the sensitivity of the price of a financial asset, typically a bond, to changes in interest rates, expressed in years. It provides investors with an estimate of the potential price volatility and helps in managing interest rate risk within a portfolio.

duration

spatial dimension

temporal length

relative term

Context for meaning

Considered long

Comparison is when we look at two or more things to see how they are the same or different. It's like when you look at two toys and decide which one you like better or which one is bigger.

Relevant Degrees

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