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Definition of Operating time
1. Noun. The time interval between the instant of the occurrence of a specified input condition to a system and the instant of completion of a specified operation. ¹
2. Noun. In communications, computer, and information processing systems, the time interval between the instant a request for service is received from a user and the instant of final release of all facilities by the user or either of two users. ¹
3. Noun. In communications systems conference calls, the time interval between the instant a request for service is received from one of a group of concurrent users and the instant all but one of the users have released all facilities. ¹
¹ Source: wiktionary.com