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What is a window of opportunity?

What is a window of opportunity? Here are some definitions.

Noun
  1. A period of time in which suitable action can achieve success.
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Examples
To miss this window of opportunity would be a near-guarantee of a future more lily-livered than lily-white.
Camera in hand, motionless, I waited for the right moment, my window of opportunity.
Fog on Friday followed by a Saturday rainout meant the event would have to be run in its entirety during a 10-hour window of opportunity Sunday.
The Bills may have a one-year window of opportunity before they must rebuild an aging roster.
I had missed the window of opportunity to get the jet in the best landing configuration.
He said there is a window of opportunity to reverse the environmental setback caused by many years of neglect.

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