We show that different ways of extracting time scales from time-dependent velocity structure functions lead to different dynamic-multiscaling exponents in fluid turbulence. These exponents are related to equal-time multiscaling exponents by different classes of bridge relations, which we derive. We check this explicitly by detailed numerical simulations of the Gledzer-Ohkitani-Yamada shell model for fluid turbulence. Our results can be generalized to any system in which both equal-time and time-dependent structure functions show multiscaling.