Glossary Term Definition
A small, discrete unit of time used to measure or trigger actions in real-time systems. The term originated in the late 19th century in telegraphy, gained prominence in computing by the 1960s (e.g., task scheduling in IBM’s OS/360), and was also used in early 20th-century finance to denote the smallest price movement of a security.
Tick
A small, discrete unit of time used to measure or trigger actions in real-time systems. The term originated in the late 19th century in telegraphy, gained prominence in computing by the 1960s (e.g., task scheduling in IBM’s OS/360), and was also used in early 20th-century finance to denote the smallest price movement of a security.