What is the difference between Time, Moving Time and Elapsed Time?
Elapsed time - is the time from when the activity was started until when the activity was stopped.This includes any paused/stopped time.
Time - is the elapsed time minus any paused/stopped time. The timer can be stopped manually or automatically via auto-pause. This is really your moving time if the timer is paused when you stop. If you don't pause the timer then Time will equal Elapsed Time.
The above 2 times exist on the Edge.
Moving time - is only available via Garmin Connected and is computed on the server. It is a throw back to a time when units did not support auto-pause. It looks at the speed data and uses that to compute the amount of time you were actually moving.
"Moving Time" and "Time" should be quite similar if auto-pause is enabled and set to "when stopped".