The time from the source sending a packet to the destination receiving it.

[…]

(Grigorik n.d.)

Components

Latency is the time it takes for a message, or a packet, to travel from its point of origin to the point of destination. That is a simple and useful definition, but it often hides a lot of useful information — every system contains multiple sources, or components, contributing to the overall time it takes for a message to be delivered, and it is important to understand what these components are and what dictates their performance.

(Grigorik n.d.)

Propagation delay

Amount of time required for a message to travel from the sender to receiver, which is a function of distance over speed with which the signal propagates.

(Grigorik n.d.)

Transmission delay

Amount of time required to push all the packet’s bits into the link, which is a function of the packet’s length and data rate of the link.

(Grigorik n.d.)

Processing delay

Amount of time required to process the packet header, check for bit-level errors, and determine the packet’s destination.

(Grigorik n.d.)

Queuing delay

Amount of time the packet is waiting in the queue until it can be processed.

(Grigorik n.d.)

Bibliography

Grigorik, Ilya. n.d. “Networking 101: Primer on Latency and Bandwidth - High Performance Browser Networking.” High Performance Browser Networking. Accessed March 17, 2023. https://hpbn.co/primer-on-latency-and-bandwidth/.