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modulo

[ moj-uh-loh ]

adverb

, Mathematics.
  1. with respect to a modulus:

    6 is congruent to 11, modulo 5.



modulo

/ mŏjə-lō /

  1. With respect to a specified modulus. Eighteen is congruent to 42 modulo 12 because both 18 and 42 leave 6 as remainder when divided by 12.
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Word History and Origins

Origin of modulo1

1895–1900; < New Latin modulō, ablative of Latin modulus modulus
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Example Sentences

Ms. Ellison expressed jealousy and resentment toward Modulo in some of her writings, as well as a feeling that she was being squeezed out, two people who have seen the documents said.

He considered shutting the firm, according to court records, and invested more than $400 million in another trading company, Modulo Capital, which was led by a different former Jane Street trader whom he had also dated.

The company on Wednesday reached a deal to recoup more than $400 million in cash from hedge fund Modulo Capital.

From Reuters

Bankrupt crypto exchange FTX has reached a deal to recover more than $400 million in cash from hedge fund Modulo Capital, pulling back 97% of the money that FTX companies sent to the hedge fund in 2022, according to court documents filed on Wednesday.

From Reuters

The settlement recovers most of those payments and takes 99% of Modulo's remaining assets, according to the filings.

From Reuters

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