"Progressive compilation" would be more fun: The compiler has a candidate output ready at all times, starting from a random program that progressively gets refined into what the source code says. Like progressive JPEG.
Great! 80-20, Pareto principle, we're gonna use that! We are as good as done with the task. Everyone take phinnaeus as an example. This is how you get things done. We move quickly and break things. Remember our motto.
Yes, the way I described it is actually a sensible approach to some problems.
"Almost-in-time compilation" is mostly an extremely funny name I came up with, and I've trying to figure out the funniest "explanation" for it for years. So far the "it prints a random answer" is the most catchy one, but I have the feeling there are better ones out there.
