Absolutely. All of these, especially to an average person, imply the data takes a while to be pushed out "across the internet".
GoDaddy [1]: "but it can take up to 48 hours for everything to propagate across the Internet"
Namecheap [2]: "it is a period of time ISP (Internet service provider) nodes across the world take to update their caches with the new DNS information of your domain."
AWS [3]: "DNS propagation is the amount of time that it takes for DNS changes to be updated across the internet"
[1] https://www.godaddy.com/help/what-factors-affect-dns-propaga...
[2] https://www.namecheap.com/support/knowledgebase/article.aspx...
[3] https://aws.amazon.com/premiumsupport/knowledge-center/route...