"no time to lose" meaning in English

{
  "head_templates": [
    {
      "args": {
        "1": "en",
        "2": "phrase"
      },
      "expansion": "no time to lose",
      "name": "head"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "phrase",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        }
      ],
      "examples": [
        {
          "ref": "2022 July 1, The Japan Times Editorial Board, “Groundbreaking NATO summit means work for Japan”, in The Japan Times, archived from the original on 2022-07-01, Editorials",
          "text": "Meanwhile, Japan must bolster its own defenses and substantially increase defense spending to meet new threats. Tokyo should swallow some of its suspicions and move more quickly to rebuild frayed ties with South Korea. It should make cooperation with the United States a cornerstone of its engagement throughout the Indo-Pacific and with NATO. It is a full agenda and there is no time to lose.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "It is important to do something immediately"
      ],
      "id": "en-no_time_to_lose-en-phrase-v~bIZEDg",
      "links": [
        [
          "immediately",
          "immediately#English"
        ]
      ],
      "synonyms": [
        {
          "word": "time is of the essence"
        }
      ]
    }
  ],
  "word": "no time to lose"
}

{
  "head_templates": [
    {
      "args": {
        "1": "en",
        "2": "phrase"
      },
      "expansion": "no time to lose",
      "name": "head"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "phrase",
  "senses": [
    {
      "categories": [
        "English entries with incorrect language header",
        "English lemmas",
        "English multiword terms",
        "English phrases",
        "English terms with quotations"
      ],
      "examples": [
        {
          "ref": "2022 July 1, The Japan Times Editorial Board, “Groundbreaking NATO summit means work for Japan”, in The Japan Times, archived from the original on 2022-07-01, Editorials",
          "text": "Meanwhile, Japan must bolster its own defenses and substantially increase defense spending to meet new threats. Tokyo should swallow some of its suspicions and move more quickly to rebuild frayed ties with South Korea. It should make cooperation with the United States a cornerstone of its engagement throughout the Indo-Pacific and with NATO. It is a full agenda and there is no time to lose.",
          "type": "quotation"
        }
      ],
      "glosses": [
        "It is important to do something immediately"
      ],
      "links": [
        [
          "immediately",
          "immediately#English"
        ]
      ]
    }
  ],
  "synonyms": [
    {
      "word": "time is of the essence"
    }
  ],
  "word": "no time to lose"
}