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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
"Everyone should take stock of their business, and v if they have down time, that's the time to do it," she said.
The planned down time at the Springfield mill will be the longest in recent memory, Sawyer said.
Step VII: Now to read the effect of break down time interval (a, b) on all jobs of the optimal schedule, find the total elapsed time.
Well 10% down time for maintenance is 36 days per year, when there will be no output from that Nuclear power plant.
* Higher machine availability because of reduced down time; and
Drummer Erin Tate explains that many of their sonic ideas were actually cultivated while driving between and during down time at shows throughout their 2004 tour.
It definitely reduces down time when the mine is relying on their LHDs in remote or dangerous mucking situations."
Attendees wishing to spend their down time in a non-industry related activity have a host of attractions to choose from.
Most likely, you aren't getting enough down time before hitting the sheets.
A quality transfer switch can eliminate down time from power grid loss to generator start-up.
Bentley states, "We have experienced a significant reduction in down time with our machines due to preventative maintenance.
Before the systems engineer dashes off to work in the morning, he makes sure he catches CNBC, and if he has down time at work, he sometimes fiddles with his tax-savings vehicles.