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/etc/adjtime

The configuration and state file for hwclock (aka adjtime file). It keeps track of the systematic drift of the hardware clock.
I had to create this file by executing
sudo hwclock --systohc
The /etc/adjtime file might look as follows:
0.000000 1492635067 0.000000
1492635067
UTC

FHS

Apparently, the FHS recommends to store the adjtimefile in /var/lib/hwclock instead of the usual /etc/adjtime.

See also

NTP

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