When you get the shaft on something because you live in a different time zone.
When you miss your chance to chat with your friends because they live in a different time zone.
A greeting for when you're speaking online, and don't know time the people who are reading it are at. Used as an alternative to Good Morning/Afternoon/Night.
1: I'm off to bed-- good timezone, everyone!
2: Good Timezone! Anyone have ideas on what I should eat for breakfast?
3: Good Timezone! I just had an AMAZING lunch.
The Timezone is when two people like each other, but hesitate to take the next step, because one of them is not ready to start an official relationship. The person who wants a serious (or official) relationship therefore is stuck in the "Timezone". The timezone may last for a few days to a few years, and within that time the two people either come together or split.