Category: Terminology

A conspiracy theory is a belief or explanation that suggests events or situations are the result of secret plots carried out by powerful groups, organizations, or individuals. Often, these theories [Read More...]

Arm's Length Pricing (ALP) Definition: Arm's Length Pricing refers to the principle that transactions between related parties (such as between a parent company and its subsidiary) should be conducted [Read More...]

Monetary Policy in the Context of Nepal Monetary policy refers to the actions undertaken by a country's central bank to regulate money supply, control inflation, stabilize currency, and achieve [Read More...]

A "sweat share" refers to equity or ownership in a company that is given in exchange for an individual’s work, time, and effort rather than an investment of capital. This type of share is commonly [Read More...]

Standard Operating Procedure (SOP): Meaning: Formalizes tasks, linking them to responsible people and resources; identifies "who," "what," and "when" of operations. General: Summarizes the [Read More...]

Once a case is filed and adjudged, the court shall not hear and adjudge the case involving the same matter and the same plaintiff and defendant more than once, except for an appeal made in the case [Read More...]

Jurisprudence is the theoretical study of law, focusing on understanding the nature, origin, purpose, and functioning of law. It aims to answer fundamental questions like "What is law?", "Why do laws [Read More...]

Act of God: An Unforeseeable Natural Event An act of God is a legal term referring to a natural event that is extraordinary, unanticipated, and beyond human control. This could include events such [Read More...]