The time elapsed between the submission of a job and obtaining the results is known as 

The time elapsed between the submission of a job and obtaining the results is known as  Correct Answer Turnaround time

The interval from the time of submission of a process to the time of completion is the turnaround time. Turnaround time is the sum of the periods spent waiting to get into memory, waiting in the ready queue, executing on the CPU, and doing I/O.

The seek time is the time for the disk arm to move the heads to the cylinder containing the desired sector.

The rotational latency is the additional time for the disk to rotate the desired sector to the disk head.

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