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Noun incumbency has 3 senses
tenure, term of office, incumbency - the term during which some position is held--1 is a kind of term
 --1 has particulars: presidency, presidential term, administration
 
incumbency - a duty that is incumbent upon you--2 is a kind of duty, responsibility, obligation
 
 incumbency - the office of an incumbent--3 is a kind of position, post, berth, office, spot, billet, place, situation
 
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