setTimeout - delayed execution

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Delayed execution, callback function.

• First we use setTimeout to schedule an anonymous function to be executed 1000 ms later.
• Then we print "hello" to the console.
• Then, after a second, the functions starts running and prints "world"

examples/basic/with_timeout.js

setTimeout(function() {
    console.log("world");
}, 1000);
console.log("hello");

$ node examples/basic/with_timeout.js
hello
world