good time

noun Prison Slang.
time deducted from an inmate's sentence for good behavior while in prison.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
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American Heritage
Idioms & Phrases

good time

see have a good time.

The American Heritage® Dictionary of Idioms by Christine Ammer.
Copyright © 1997. Published by Houghton Mifflin.
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00:10
Good time is always a great word to know.
So is ort. Does it mean:
a stew of meat, vegetables, potatoes, etc.
a scrap or morsel of food left at a meal.
Example sentences
You're building something of value this year, and now's a good time to stand
  back for a moment and appreciate it.
Wednesdays might be optimal because the middle of the week is a good time for a
  change of pace.
In short, if there was ever a good time to provoke a hydrate meltdown it would
  be now.
But creating a hunt and making a good time for my kids and others was really
  rewarding.
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