@CarLaTeX @DavidCarlisle @barbarabeeton
In wiktionary only the German meaning is entered.
https://de.wiktionary.org/wiki/die_Zeit_totschlagen
I tried to translate the text from a phrase dictionary:
"Zeitvertreib" / pass the time / exile or chase away the time:
colloquial; the term "pastime" was first invented in the 18th century, but sports, games and entertainment were of course not unknown to the rich and noble even before that.
The picture / phrase means that you can exile the "person" named time; or kill him/her so that they no longer bother you with their presence.