monte carlo

noun

1. a town in Monaco principality, in SE France: gambling resort.

adjective

2. Statistics. of, relating to, or using a Monte Carlo method, as a Monte Carlo simulation or solution.

noun

1. a town and resort forming part of the principality of Monaco, on the Riviera: famous casino and the destination of an annual car rally (the Monte Carlo Rally). Pop: 15 507 (2000)

Italian, literally “Charles’s Mountain,” founded 1866 and named for Charles III of Monaco (1818-1889). The car rally there dates to 1911. City in Monaco, world famous for its gambling casino.