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2 definitions found
 for real time
From WordNet (r) 3.0 (2006) :

  real time
      n 1: the actual time that it takes a process to occur;
           "information is updated in real time"
      2: (computer science) the time it takes for a process under
         computer control to occur

From The Jargon File (version 4.4.7, 29 Dec 2003) :

  real time
  
  
      1. [techspeak] adj. Describes an application which requires a program to
      respond to stimuli within some small upper limit of response time
      (typically milli- or microseconds). Process control at a chemical plant is
      the canonical example. Such applications often require special operating
      systems (because everything else must take a back seat to response time)
      and speed-tuned hardware.
  
      2. adv. In jargon, refers to doing something while people are watching or
      waiting. ?I asked her how to find the calling procedure's program counter
      on the stack and she came up with an algorithm in real time.?
  

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