What Does Geico Stand For What Does the GEICO Acronym Stand For? GEICO stands for the Government Employees Insurance Company, and when it was founded in 1936 by Leo and Lillian Goodwin. At the time, their mission was to provide auto insurance to â as you might have guessed â government employees. They did this because they were looking for a discrete group of folks with particular needs.
realism noun [U] (THOUGHT). âº a way of âthinking and âacting âbased on âfacts and what is âpossible, ârather than on âhopes for things that are âunlikely to âhappen: His âdecision not to âexpand the âbusiness âshows his âdown-to-earth realism.
Definitions (2). 1. Practical or pragmatic (as opposed to idealistic or visionary) orientation that relies on 'hard facts ,' and considers things as they are and not on what they might or should be. In politics, realism is called realpolitik. 2.Philosophical concept that non-concrete (abstract) entities such as numbers and mathematical objects have an existence independent of the human mind which conceives them.