What is the difference between duration and delay on Ranorex?

I would like to learn difference between Duration and Delay terms on Ranorex tool. Here is an image from my exercise :

Thanks in advance.

In Ranorex the term "Delay" refers to an action that the system will take, i.e. it will DELAY execution of the test for an amount of time (the Duration to be exact).

A "Duration" on a test step is the time to wait BEFORE THE NEXT STEP IS EXECUTED. This is important because it is backwards from what many might understand. Duration does not delay the step it is on, but instead delays the next step.