It means the same as in everyday use. It means unchanging, unvarying. Fixed. So for example the speed of light in a vacuum is called a universal constant because it is a fixed value. It is the opposite of a variable (something that changes).
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wha does time constant really mean in term of system performance
It means something that doesn't change, like a number.
It means a term that cannot ever change, no matter what happens to the equation that it is part of.All numbers are considered constant terms.
X = whatever times y + the constant (b)
in science it means chlorine * * * * * In mathematical terms, as specified in the question, it is more likely to refer to centilitre(s).