The phrase "be pressed for time" means to be in a situation where there is a limited amount of time available to complete a task or accomplish a goal. It often implies a sense of urgency and the need to work efficiently under pressure.
For example:
Due to the upcoming deadline, our team is pressed for time and must prioritize the most crucial tasks.
During the exam, students were pressed for time and had to answer the questions quickly.
Pressed for time, she decided to take a taxi instead of the bus to avoid being late for her appointment.