Definition
'In fact' or 'in practice'—describing something that exists in reality even though it isn't officially recognized. Like when your startup succeeds before it's actually incorporated.
Example Usage
The company operated de facto as a partnership before formally incorporating.
Origin
Latin phrase meaning 'in fact,' used in legal English since the 17th century
Fun Fact
Often contrasted with 'de jure' (by law), which is what's officially supposed to happen.
Source: Latin legal terminology used in comparative law
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See “De Facto” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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jtol
just thinking out loud...