look up any word, like fleek:
 
1.
When your boss/manager/superior leaves early for the day thus giving you an opportunity to also finish work early without getting caught.
Quick, let's go, it's magic time!
Look who's leaving, it's magic time!
by AlexisC February 05, 2012
 
2.
Masturbation Wanking Tossing
'Time for a bit of magic time Now '
by Stephane Demers June 23, 2008