Answer:

Time dilation is a difference in the elapsed time measured by two clocks, either due to them having a velocity relative to each other, or by there being a gravitational potential difference between their locations. After compensating for varying signal delays due to the changing distance between an observer and a moving clock (i.e. Doppler effect), the observer will measure the moving clock as ticking slower than a clock that is at rest in the observer's own reference frame. A clock that is close to a massive body (and which therefore is at lower gravitational potential) will record less elapsed time than a clock situated further from the said massive body (and which is at a higher gravitational potential).