Near real time

1. Pertaining to the delay introduced, by automated data processing, between the occurrence of an event and the use of the processed data, e.g., for display or feedback and control purposes.

Note 1: For example, a near-real-time display depicts an event or situation as it existed at the current time less the processing time.

Note 2: The distinction between near real time and real time is somewhat nebulous and must be defined for the situation at hand. Contrast with real time. 2. Pertaining to the timeliness of data or information which has been delayed by the time required for electronic communication and automatic data processing. This implies that there are no significant delays.

Source: from Federal Standard 1037C and from the Department of Defense Dictionary of Military and Associated Terms