What is the meaning of “Ault”? In reality, it’s an acronym that means “A Unique Little Town.” The name is certainly apt for this small city. It’s currently home to fewer than 2,000 residents and is known for offering a friendly setting with a country flair. While it may be tempting to think that the acronym is how the town got the name, that only came later. Ault was the site of several settlements with different names.