de facto

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Related to De facto standard: De jure standard

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.

de facto

In fact, in actuality, as things are really done. The phrase is used to express a state of affairs or condition that might not be technically legal, but which has the same effect as the legal condition. Here are two examples:
• When an apartment complex allowed the power to be disconnected for nonpayment and failed to secure a reconnection, it amounted to a de facto eviction of all the tenants (also called a constructive eviction).
• The IRS has ruled that a long-term lease of property with the right to purchase for $1 at the
     end of the term is not a true lease, but a de facto installment sale.

References in periodicals archive ?
Judges from Southern District New York, District of Northern California, and District of Massachusetts as well as litigators from Wilson Sonsini Goodrich & Rosati and Skadden Arps agreed at the "Legal and Strategic Guide to E-Discovery" and CGOC Discovery Working Lunch "Monitoring Legal Holds in Active Litigation" that the Zubulake standards for preserving and collecting information for litigation have quickly become the de facto standard, citing numerous cases in other jurisdictions that have applied the standard.
SEATTLE -- Stringent Third-Party Testing Measures TrafficShield Against the Industry's De Facto Standard for Web Application Security; Verifies That It Provides Solid Protection
Mobile software leaders Extended Systems (Nasdaq:XTND) and Pointsec, the global leader and the provider of the de facto standard for enterprise security software for laptop and desktop PCs, PDAs and smartphones, today announced a collaboration to bring the most wide-ranging secure mobile solutions to market.
Zero G's enterprise-focused multi-platform installation products will complement and enhance Macrovision's industry-leading InstallShield(R) solutions, which are the de facto standard for Windows installations.
Kofax's VRS technology has become the de facto standard in the industry for scanning productivity by improving the readability of scanned documents.
He adds, "Embedding the de facto standard ISOGEN capability into Bentley Piping is part of our ongoing commitment to provide plant engineering, procurement, and construction (EPC) firms and owner-operators the industry's most comprehensive plant portfolio.