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1. The time between the initial stage of a project or policy and the appearance of results: a long lead time in oil production because of the need for new exploration and drilling.
2. The time available for preparation between an announcement or decision and the event it pertains to.
1. (Commerce) manufacturing the time between the design of a product and its production
2. (Commerce) commerce the time from the placing of an order to the delivery of the goods
the period of time between the initial phase of a process and the emergence of results, as between the planning and completed manufacture of a product.
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|Noun||1.||lead time - the time interval between the initiation and the completion of a production process; "the lead times for many publications can vary tremendously"; "planning is an area where lead time can be reduced"|