Trying to make us feel old? Very common term among people around my age and higher (40+). Please don't turn "I've never heard that expression before" into "must be AI saying it".
It's a standard term and has been for ages. It distinguishes end to end time vs eg the amount of CPU time an individual process uses (which excludes time spent waiting for the system or time when the process was otherwise not scheduled on the CPU).
“Wall time” is a pretty common systems term (you see it when comparing total runtime to kernel time, for example). I wouldn’t have indexed on “wall clock time” or other variants as an LLMism.