Criminal Proceedings

Defendant
In legal contexts, a defendant is a party against whom a lawsuit has been filed in a civil proceeding or an individual charged with a crime in a criminal proceeding.
Nolo Contendere
Nolo Contendere, or 'no contest,' is a legal term indicating that a defendant will not contest a charge made by the government. The defendant loses the case, but this cannot be used as an admission of guilt in any other legal proceedings.

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.