missing time noun2 •A time period of amnesia or a gap in conscious memory reported by individuals who have experienced alien abduction.The report of abduction, the memory loss, the missing time, and the shape of the UFO are all familiar to UFO investigators, for this is not an isolated episode. — 1978 •An operational metric which measures the total amount of time on a timeclock that is unassigned to any task, whether productive or not. formsmissing times