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De facto |
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De facto Existing in actual fact although not by official recognition. De facto Existing in fact, but not by legal standard. In business, one occasionally makes reference to "de facto" monopolies in situations where alternatives to a certain brand may exist, but the brand has such a large market share that the alternatives may as well not exist. Likewise, some analysts of the 2008 recession have discussed the "de facto" nationalization of the banking industry, in which some governments, notably the British, bought some banks outright and implicitly guaranteed the existence of all other banks. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Just as Beijing offers the model of "one China, two systems" as a way to grant Taiwan a high degree of internal autonomy without compromising the territorial integrity of a single China, it would be prepared to countenance a number of scenarios by which Kosovo received some form of de facto independence while preserving de jure the territorial integrity of Serbia. This policy instrument imparted BoJ de facto independence from the powerful Ministry of Finance (MoF). The battle was precisely the sort of engagement that Russian strategists have been trying to avoid successfully, until now as they try to retake Chechnya after three years of de facto independence from Moscow. |
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