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De facto |
Also found in: Legal, Wikipedia, Hutchinson | 0.01 sec. |
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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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| Yes, Stalin gained an enormous concession when Franklin Roosevelt and Winston Churchill accepted de-facto Soviet control over Eastern Europe; but still ahead was the Allied military campaign to defeat Japan, which was expected to cost a million U. PhysX software supports wide variety of PC and console platforms and is poised to become the de-facto standard for physics simulation for the game industry. 2 into single interface with the goal of becoming new, de-facto industry standard |
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