On the web i can find lots of details and documents regarding OLAP and OLTP, but none of them defines what is the Online in Online Transaction/Analytical Processing
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The answer from Neil is good, but I just want to point out that it is Transaction rather than Translation, which may help understand what it is for a bit better. – Rich May 30 '17 at 07:19
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"Online" as opposed to "Batch"
Instead of submitting a job to be processed at the end of the day and getting a report in the morning, you submit a query and get the results right away

Neil McGuigan
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