Meaning of “real-time” in the English Dictionary

"real-time" in Business English

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real-timeadjective [ before noun ]

uk /ˈrɪəltaɪm/ us

IT, INTERNET used to describe the way in which a computer system receives data and then communicates it or makes it available immediately:

Our system allows suppliers to tap directly into our order systems with real-time access to order flow.
Today, faster communications and real-time trading mean that fluctuations in the market in New York travel around the world almost instantly.

real timenoun [ U ]

uk us

IT, INTERNET the very short amount of time needed for computer systems to receive data and information and then communicate it or make it available:

NYSE OpenBook™ is a product that allows users to access market data in real time.

(Definition of “real-time” from the Cambridge Business English Dictionary © Cambridge University Press)