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English definition of “period”

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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