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What is phase?

Phase is a frequency dependent time delay. If all frequencies in a sound wave (music, for instance), are delayed by the same amount as they pass through a device, we call that device “phase linear.” A digital delay has this characteristic—it simply delays the sound as a whole, without altering the relationships of frequencies to each other. The human ear is insensitive to this kind of phase change of delay, as long as the delay is constant and we don’t have another signal to reference it to. The audio from a CD-player is always delayed due to processing, for instance, but it has no effect on our listening enjoyment.

http://www.earlevel.com/main/1996/10...tion-of-phase/