The time "1:15" refers to one hour and fifteen minutes past midnight or noon, depending on the context. It can be represented in both 12-hour and 24-hour formats, where 1:15 PM is the same as 13:15. This time is often used in scheduling events, appointments, or daily activities. In terms of clock reading, "1:15" indicates that the minute hand is pointing at the 3, while the hour hand is slightly past the 1. This position signifies a quarter past one, which is a common reference point in timekeeping and daily routines.