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On most campuses, a family's insurance plan "is effectively worthless," Mr. Boyle said.
"If you have 1 million euro in the bank but you can't get it, it means that 1 million is effectively worthless".
If your organization is incapable of delivering its strategy, the strategy is effectively worthless and your company's purpose will go more or less unfulfilled.
The fact that so many funds are showing losses even after a decade means that the sole remaining tax incentive for an Isa - exemption from capital gains tax - is effectively worthless.
What is more, uncoupled from the original master recording, on which Nancy Cartwright provides the voice of Bart Simpson, the track is effectively worthless as a piece of intellectual property.
An expired key is, effectively, worthless.
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Tata has written off £2bn from the value of its UK assets, meaning they are effectively worthless.
Glencore got itself through a controversial rights issue to steady the ship when the vultures were circling in September, and started pushing its rock back up, only for it to fall again when an analyst argued its shares were effectively worthless.
If the economy deteriorates further – credit conditions are slow to improve, interest rates remain high, house prices fall by 50% and unemployment rises dramatically – the market may eventually judge one or more of the "rescued" banks to be worth no more than the preference shares (especially if the government is greedy), and the ordinary shares could be effectively worthless.
One of the nation's biggest nursing home chains, Extendicare, has agreed to pay $38 million to resolve federal claims that it inappropriately billed for physical therapy and provided such poor care to residents that it was effectively worthless, the Justice Department said on Friday.
In the first minutes of trading on Wednesday, shares in Swissair Group, suspended for two days to allow UBS and Credit Suisse to conclude the bailout package, plunged 97% from Friday's close of 41.05 Swiss francs, to 1.40 Swiss francs, giving concrete expression to what many investors already believed that Swissair was effectively worthless.
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CEO of Professional Science Editing for Scientists @ prosciediting.com