Usually means: Time flies or escapes quickly.
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We found 6 dictionaries that define the word fugit:

General (3 matching dictionaries)
  1. Fugit, fugit: Wordnik
  2. fugit: Wiktionary
  3. Fugit: Rhymezone

Art (1 matching dictionary)
  1. -fugit: A Cross Reference of Latin and Greek Elements

Business (1 matching dictionary)
  1. Fugit: Investopedia

Slang (1 matching dictionary)
  1. fugit: Urban Dictionary

Definitions from Wiktionary (fugit)

noun:  (finance) the optimal date to exercise an American option (or a Bermudan option)

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