De Facto

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Definitions
De Facto
De Facto Legal Terms Business Law Unofficial Practices Legal Reality
De facto refers to situations that exist in reality, even if not legally recognized or officially sanctioned. It applies to scenarios where practices or institutions operate as though they were legal, even if they lack official authorization.
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Definitions
De Jure
De Jure Legal Terms Law Legitimacy De Facto
De jure refers to a state of affairs that is in accordance with law, that is lawful and legitimate. It is commonly contrasted with de facto, which refers to a state of affairs that exists in reality, irrespective of its legality.
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Accounting Terms Lexicon

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