nowcast

Verb

 * 1) To predict the weather for a very short upcoming period (usually a few hours).
 * 2)  To estimate what is currently happening based on knowledge of how data is biased.
 * 1)  To estimate what is currently happening based on knowledge of how data is biased.

Noun

 * 1)  A weather forecast predicting the weather for a very short upcoming period, usually only a few hours.
 * 2)  An estimate made by nowcasting.
 * 1)  An estimate made by nowcasting.