Court Proceedings

Adversary
An adversary refers to an opponent or litigant, typically in a legal context, who opposes another party in a controversy or litigation.
Daubert Standard (Test)
A standard used in court proceedings to determine the admissibility of expert witness testimony, focusing on the relevance and reliability of the testimony.
Litigation
Litigation is a judicial contest through which legal rights are sought to be determined and enforced. It typically involves various stages, including pleadings, discovery, trial, and potentially appeal.
Special Master
A special master is an expert appointed by a court to assist in understanding and potentially resolving complex legal matters.
Stipulated Facts
Stipulated facts are a set of facts that both parties in a legal or tax dispute agree upon ahead of time, which simplifies the dispute resolution by narrowing down the issues in contention.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.