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It's inherited from java.lang.Object. I have not used it myself but here's some info on the method:
Methods inherited from class java.lang.Object
clone, equals, finalize, getClass, hashCode, notify, notifyAll, toString, wait, wait, wait
public final void wait(long timeout,
int nanos)
Causes current thread to wait until another thread invokes the notify() method or the notifyAll() method for this object, or some other thread interrupts the current thread, or a certain amount of real time has elapsed.