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English definition of “period”

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period

noun [C]
 
 
/ˈpɪəriəd/
a length of time: a period of six months/10 years, etc. This debt is repayable over a period of five years in equal quarterly instalments. Profit fell 75.1% from the same period a year ago. The Government will make an additional 10% contribution for a limited period. The second quarter of the year should have been a busy period.
→  See also accounting period , cooling-off period , deferment period , earnout period , payback period , pay period , qualifying period , recovery period , reporting period
(Definition of period from the Cambridge Business English Dictionary © Cambridge University Press)
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