Lifetime
The lifetime of a variable, array, or object is the duration from its allocation to its deallocation.
Related concepts: AllocationGarbage CollectionVariableObjectArrayScope
Closest Wikipedia entry: Object lifetime — In object-oriented programming (OOP), object lifetime is the period of time between an object's creation and its destruction. In some programming contexts, object lifetime coincides with the lifetime of a variable that represents the object. In other contexts – where the object is accessed by reference – object lifetime is not determined by the lifetime of a variable.
Misconceptions about Lifetime3 documented Misconceptions
No known Python misconceptions for this concept