/taɪm ɪz ʌv ði ˈɛsəns/ – Phrase
Definition: Thời gian là yếu tố quan trọng.
A more thorough explanation: 1. (CONTRACT LAW) the dates and times stated in a specific agreement must be met
2. it is important to act quickly
Example: 1. Time is of the essence with respect to all the provisions of the agreement.
2. We stand ready to establish the training mission after 2014, but time is of the essence.