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Monte Carlo US English

A resort in Monaco that forms one of the four communes of the principality; population 14,600 (est. 2008). It is famous as a gambling resort and as the terminus of the annual Monte Carlo automobile rally

Monte Carlo method US English

A technique in which a large quantity of randomly generated numbers are studied using a probabilistic model to find an approximate solution to a numerical problem that would be difficult to solve by other methods

Monte Carlo rally US English

(The name of) an annual international car rally, first held in 1911, the final stages of which take place in Monte Carlo.

Monte Carlo fallacy US English

The fallacy that the probability of any particular outcome to one of a series of repeated but independent events of chance is inversely dependent upon the previous outcomes (so that, e.g., a succession of failures is thought to increase the probability of success on the next occasion).