downtime

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Downtime

In investment banking, a slang term for a situation in which a bank employee does not have much to do, especially if he/she is waiting for superiors to give further directions. An employee may spend downtime working on personal matters, or he/she may simply avoid work altogether.

downtime

time when a machine or COMPUTER is not operating correctly owing to machine failure or because the machine is being set up for the next work task (SET-UP TIME). Downtime in a factory can cause considerable loss of output and disruption to production schedules, and the aim of PREVENTIVE MAINTENANCE is to minimize such downtime. See IDLE TIME.
References in periodicals archive ?
The ProHelp system is a process quality control and real-time production monitoring system, which includes among its functions production counts, shift production reports, scrap and downtime reports and machine efficiency reports.
The network monitors production quantities, rejects, operators, and downtime from up to 100 machines.
has expanded its FactorySuite(TM) 2000 industrial automation software system with the introduction of a new downtime tracking and production efficiency monitoring toolset.