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In terms of network latency this can be defined by the time it takes for a request to travel from the sender to the receiver and for the receiver to process that request. In other words, the round trip time from the browser to the server.
Database Server Latency and Throughput. Latency, also known as response time or access time, is a measure of how long it takes the the database to respond to a single request. The Heartbeat / Sample Times columns are the primary measurements of latency displayed by Foxhound.