What does Daniel's phrase 'time, times, and half a time' mean?

It means the same thing as the 1,260 days or forty-two months of Apocalypse 11 and 12. Time is one year, times is two years, and half a time is half a year, so you have three and a half years, the same number. The 1,260 days, the forty-two months, and time, times, and half a time are all the same period: from the first coming of Christ to the second coming. Why use that? The number forty-two has high significance in the Bible. There are forty-two names in Matthew's genealogy, and he has to take out some names to get to forty-two. When the Israelites left Egypt, before Canaan, there were exactly forty-two encampments. But why is it 1,260 days and not forty-two months? Because the forty-two months is given to the Gentiles in Apocalypse 11:1-2, and they rule the world for that period; the church is under the number 1,260 days, which begins in Apocalypse 12, where the woman is chased by the dragon into the earth for 1,260 days. When you see days rather than months or years, it means every single day is looked at, not one massive block of time. It is daily, like the prayer, give us this day our daily bread. And why three and a half and not three? That extra half is symbolic of the exact time; God will not let them suffer for one second longer than the plan allows. So to answer your question, they are all the same number.