Definify.com

Webster 1913 Edition

(plā′tīmˊ)

Noun.

Time for play or diversion.

playtime ‎(countable and uncountable, plural playtimes)

Time for play or diversion.
The school bell rings to mark the end of playtime.
A duration of time when one is not as serious as they could be, especially in a conflict of sorts.
I thought I could go easy on you and win, but I suppose playtime is over.
The duration of a recording.
The longest track on the album has a playtime of eight minutes.