In this Act, unless the subject or context requires otherwise, - (a) "Chairman" means the Chairman of the Board appointed in accordance with Section 7. (b) "Permit" means the permit issued by the Board in accordance with this Act to operate the securities market or conduct securities business. (c) "Company" means a company established in accordance with the prevailing law relating to companies. (d) "Depository" means the provision of custodial services (custodial services) such as keeping and operating the assets of a collective investment scheme in an agreement with the scheme manager. (e) "Prescribed" or "as prescribed" shall mean prescribed or prescribed in the rules made under this Act. (f) "Securities" shall mean shares, stocks, issued by organized bodies Bond, debenture, debenture stock or certificate related to collective investment scheme or debenture, savings bond or bond issued by the Government of Nepal or issued by an organization under the guarantee of the Government of Nepal shall mean any other securities prescribed by the Board that may be transacted or transferred through the securities market. or the right to buy, sell or exchange such securities. (g) "Securities transaction" means the issuance, purchase, sale or exchange of securities and other related activities. It shall mean the registration of securities before the Board. (i) "Securities market" shall mean a market, place or facility where securities buyers and sellers are brought together to buy, sell or exchange securities continuously. (j) "Securities business" shall mean A company or organization that has received a license to conduct securities business shall mean the securities transactions conducted in accordance with this Act. The proposal to issue securities for(d) "Circular method" means the act of offering securities for sale through letters, letters or any electronic communication, targeting up to fifty investors at most. (d) "Board" means the Nepal Securities Board established in accordance with section 3. (n) "Exchange" means purchase, sale or transfer of securities issued in accordance with this Act. (k) "Prospectus" means public issue of securities by an organized body. It shall mean the prospectus to be published in accordance with Section 30. (d) "Plan Manager" shall mean an organized organization that manages the collective investment plan of the participants for the purpose of providing efficient investment services in accordance with this Act. (d) "Investment Fund" shall mean the plan. For the purpose of providing efficient investment services, the manager shall mean the funds created and taken over by the participants in the collective investment plan based on the amount deposited by the participants or the assets related to such funds, and the term shall mean the additional assets created from the investment management of the funds or assets taken over by the plan manager in accordance with this Act and as a return. (d) "Participant" means a person or organization that invests money in a collective investment scheme operated by the scheme manager in accordance with this Act. (n) "Member" means a member of the board and that word also means the chairman. (p) "Incorporated entity" means an organized entity established in accordance with the prevailing law to be able to issue securities to the public. However, the term does not refer to a private limited company or a cooperative organization. (f) "Public issue" means an organized entity to sell its securities. It means a proposal published in a prospectus before the general public.Investment fund, unit fund or any other participatory fund management program of the same type as determined by the board from time to time shall be understood to mean investment fund, unit fund or any other participatory fund management program conducted by the plan manager in accordance with this Act to distribute the returns received through the efficient investment service in Mewari to the participants of the relevant program. (b) "Listing" means It shall mean the listing of securities in the securities market for the purpose of buying, selling or exchanging securities through the securities market. (m) "rights issue" shall mean an offer made in such a way that the previous shareholders or any person nominated by them may purchase any securities issued by the organized body. .