What does time is of the essence mean?

Looking for the meaning or definition of the word time is of the essence? Here's what it means.

Phrase Time is an essential consideration (in regard to an action or response); haste is necessary. (contract) Failure to complete the required performance by the date certain set forth will constitute an incurable breach. Find more words! 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In an information age, where time is of the essence, perhaps Poetry, the very distillation of life itself, has come into its own. For hundreds of thousands of women and girls worldwide, time is of the essence. I don't know if this is apropos to say, but time is of the essence and I'd like to get as many answers as I can. We also realize that time is of the essence although we wish to avoid artificial and unrealistic deadlines and realities should dictate the course of action. Even though time is of the essence, feel free to tell reporters you will call them back in half an hour if you feel caught off-guard. See Also What is another word for time is of the essence? Sentences with the word time is of the essence Nearby Definitions time is money time-invariant time intervals time interval time-independent time immemorial time jump time jumped time jumping time jumps timekeeper time-keeper