Yeah, TOTP is a password. Hell, it is in the name. One property it has that differs from classic passwords is the authentication factor. For TOTP, it changes from something you know you something you have. However, lots of passwords are now randomly generated and are no longer "something you know" either.
The "Password" named in "Time-based One Time Password" is the temporary generated value you transmit. It's not what's stored on the TOTP device, so in the context of this discussion, that temp value isn't what the gp was referring to.
