This is the 11883rd most frequent German word.
tim
The German word "Tim" is a proper noun, typically used as a male given name, equivalent to "Tim" in English. It does not have a specific meaning beyond this.
Here, 'Tim' is used as a proper noun referring to a person's name.
Tim geht heute zur Schule.
Tim is going to school today.
Here, 'tim(e)' simulates an artificial verb usage in German derived from English 'to time' for explanation, not standard.
Ich tim(e), dass wir pünktlich ankommen.
I estimate that we will arrive on time.
Here, 'Tim' is part of a compound noun referring to a specific brand or style.