De Facto: Canada Debt .ca defines De Facto

Bankruptcy Term De Facto

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Canada Debt has the definition to the bankruptcy and debt term De Facto. Finding answers to terms such as De Facto can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. De Facto in financial terms means...

In debt and bankruptcy terms, the phrase / term 'De Facto' is used as follows:

In fact, rather than in law; e.g. de facto trustee.