Glossary
Duration
Duration measures how sensitive the price of a fixed-income asset is to changes in interest rates, and it is often used to manage rate risk.
Plain-English meaning
Duration is used here to describe sensitivity to interest-rate moves. In the daily board, the word is grouped by the role it performs rather than by spelling or market popularity.
You may encounter it in a product interface, technical document, risk report, policy paper, or market dashboard. The term is included for recognition and comparison, not as a product recommendation.
Why it belongs with Balance Sheet Risk
These terms describe exposure and resilience concepts used in risk management for portfolios, treasuries, and counterparties.
When solving the puzzle, compare the job this term performs with nearby cards. A correct group usually shares a function, risk type, workflow, or market structure rather than simply sharing similar wording.
Where you might see it
You might encounter this term while reading educational explainers, product documentation, risk disclosures, market dashboards, or beginner guides. Always separate vocabulary learning from financial decision-making.