Retrieving server info is a process most commonly known in the Valve games, such as Team Fortress 2. When you try to enter a server, it goes through several steps before you are in the server. Retrieving server info is the longest step in waiting to go into a server, and it's long waiting times have attributed to prolonged boredom and anger.
"Did you get into that awesome TF2 server yet?"
'No, I'm stuck at retrieving server info. Ugh! Why won't you load!"