noun
a method of very short-range weather forecasting based on the observation and interpretation of current weather conditions
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Nowcasting is a method used in meteorology to provide real-time weather forecasts.
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I rely on nowcasting to check the weather before heading out.
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I'm nowcasting to see if it's going to rain before I go for a run.
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In the fast-paced world of finance, nowcasting is essential to make quick decisions based on current data.