The function
make-named-timer
creates and returns a named timer. The first argument is a string or symbol naming the timer. The second argument is a function to be applied to the remaining arguments when the timer expires. Use the function schedule-timer or schedule-timer-relative to set an expiration time.
In comparison, the function make-timer creates an unnamed timer.
(setq timer (mp:make-named-timer 'timer-1 'print 10
*standard-output*))
#<Time Event TIMER-1 : PRINT>
make-timer
schedule-timer
schedule-timer-milliseconds
schedule-timer-relative
schedule-timer-relative-milliseconds
timer-expired-p
timer-name
unschedule-timer
LispWorks User Guide and Reference Manual - 21 Dec 2011