Meaning of the word "in practice" in English

What does "in practice" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

in practice

US /ɪn ˈpræk.tɪs/
UK /ɪn ˈpræk.tɪs/

Phrase

in reality, as opposed to theory

Example:
The plan sounds good in theory, but in practice it's very difficult to implement.
While the law states one thing, in practice, things often work differently.