Word

Description

Real time

also realtime,
1. live online communications. The term refers to several
types of information transmissions. For example, real time chat programs provide
users with a medium to communicate live by typing messages back and forth.
Real time stock quotes give users individual live stock quotes as they change
throughout the trading day. Stock quotes can be .snapshot. or .streaming..
Streaming real time quotes change on the user’s monitor as they change on the
exchange trading floor. Snapshot quotes are real at the time they are downloaded,
but must be refreshed manually for subsequent updates.
2. immediate response to an input command by a computer. Most operating systems can take several seconds to minutes to respond to commands, thus do not respond in real time.