"Time out" is a kind of punishment that parents and teachers use for small children. If a child misbehaves, you can send them to "time out". That means that they have to sit alone and without any toys to distract them for a few minutes.
We talk about "time out" as a place. For example, here's how you might talk to your child who's acting badly.
OK, that's enough! You're going to time out.
The child, describing what happened later, might say this:
Daddy made me go to time out.