reflexive knowledge. Knowledge used to broadly examine the assumptions, context, and moral-value positions of basic or applied social. research, including the research process itself and the. implications of what is learned; What are the implications of. reflexive knowledge for moral principles, such as justice,
Duration is defined as the length of time that something lasts. When a film lasts for two hours, this is an example of a time when the film has a two hour duration. duration. duration.
DEFINITION of 'Duration'. A measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates.Duration is expressed as a number of years. Rising interest rates mean falling bond prices, while declining interest rates mean rising bond prices.Next Up. measure of the sensitivity of the price (the value of principal) of a fixed-income investment to a change in interest rates. Duration is expressed as a number of years. Rising interest rates mean falling bond prices, while declining interest rates mean rising bond prices. Next Up.