Monte Carlo Definition

mŏntē kärlō
adjective
Designating or of a method for obtaining an approximate solution to certain mathematical and physical problems, characteristically involving the replacement of a probability distribution by sample values.
Webster's New World
pronoun

A part of Monaco famous for its casinos.

Wiktionary

A commonly served drink consisting of beer and grenadine.

Wiktionary
(statistics) Shortening of Monte Carlo method.
Wiktionary

An informal dance competition, where contestants in one quarter of the floor are eliminated by a randomly chosen card representing the corner.

Wiktionary

Origin of Monte Carlo

  • Monte (“mountain") + Carlo (“Charles/Carl"). Named after Charles III of Monaco.

    From Wiktionary

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Monte Carlo