Old English tima "limited space of time," from Proto-Germanic *timon- "time" (source also of Old Norse timi "time, proper time," Swedish timme "an hour"), from PIE *di-mon-, suffixed form of root *da- "to divide."
Abstract sense of "time as an indefinite continuous duration" is recorded from late 14c. Personified at least since 1509 as an aged bald man (but with a forelock) carrying a scythe and an hour-glass. In English, a single word encompasses time as "extent" and "point" (French temps/fois, German zeit/mal) as well as "hour" (as in "what time is it?" compare French heure, German Uhr). Extended senses such as "occasion," "the right time," "leisure," or times (v.) "multiplied by" developed in Old and Middle English, probably as a natural outgrowth of such phrases as "He commends her a hundred times to God" (Old French La comande a Deu cent foiz).
to have a good time ( = a time of enjoyment) was common in Eng. from c 1520 to c 1688; it was app. retained in America, whence readopted in Britain in 19th c. [OED]
Time of day (now mainly preserved in negation, i.e. what someone won't give you if he doesn't like you) was a popular 17c. salutation (as in "Good time of day vnto your Royall Grace," "Richard III," I.iii.18), hence to give (one) the time of day "greet socially" (1590s); earlier was give good day (mid-14c.). The times "the current age" is from 1590s. Behind the times "old-fashioned" is recorded from 1831. Times as the name of a newspaper dates from 1788.
Time warp first attested 1954; time-traveling in the science fiction sense first recorded 1895 in H.G. Wells' "The Time Machine." Time capsule first recorded 1938, in reference to the one "deemed capable of resisting the effects of time for five thousand years preserving an account of universal achievements embedded in the grounds of the New York World's fair."
Jones [archaeologist of A.D. 5139] potters about for a while in the region which we have come to regard as New York, finds countless ruins, but little of interest to the historian except a calcified direction sheet to something called a "Time Capsule." Jones finds the capsule but cannot open it, and decides, after considerable prying at the lid, that it is merely evidence of an archaic tribal ceremony called a "publicity gag" of which he has already found many examples. [Princeton Alumni Weekly, April 14, 1939]
To do time "serve a prison sentence" is from 1865. Time frame is attested by 1964; time-limit is from 1880. About time, ironically for "long past due time," is recorded from 1920. To be on time is by 1854 in railroading.
Old English lang "having a great linear extent, that extends considerably from end to end; tall; lasting," from Proto-Germanic *langa- (source also of Old Frisian and Old Saxon lang, Old High German and German lang, Old Norse langr, Middle Dutch lanc, Dutch lang, Gothic laggs "long").
The Germanic words perhaps are from PIE *dlonghos- (source also of Latin longus "long, extended; further; of long duration; distant, remote," Old Persian darga-, Persian dirang, Sanskrit dirghah "long"), from root *del- (1) "long" (source also of Greek dolikhos "long," endelekhes "perpetual"). Latin longus (source of prolong, elongate, longitude, etc.) thus is probably cognate with, but not the source of, the Germanic words. The word illustrates the Old English tendency for short "a" to become short "o" before -n- (also retained in bond/band and West Midlands dialectal lond from land and hond from hand).
Also in Old English in reference to time, "drawn out in duration," with overtones of "serious." The old sense of "tall" now appears to be dialectal only, or obsolete. For long "during a long time" is from c. 1300. To be long on something, "have a lot" of it, is from 1900, American English slang. A long vowel (c. 1000) originally was pronounced for an extended time. Mathematical long division is from 1808. Sporting long ball is from 1744, originally in cricket. Long jump as a sporting event is attested from 1864. A long face, one drawn downward in expression of sadness or solemnity, is from 1786. Long in the tooth (1841 of persons) is from horses showing age by recession of gums (but not in this sense until 1870). Long knives, name Native Americans gave to white settlers (originally in Virginia/Kentucky) is from 1774, perhaps a reference to their swords. Long time no see, supposedly imitative of American Indian speech, is first recorded 1919 as Chinese English.