In this Act, unless the subject or the context otherwise requires,–
(a) “Currency” shall mean all types of currency notes, postal orders, postal notes, money orders, cheques, drafts, traveller's cheques, promissory notes, bills of exchange, promissory notes, credit cards and such other currency as may be prescribed by the Bank by publishing and broadcasting public notices; Also refers to types of monetary instruments.
(A1) "Currency note" shall mean bank notes in circulation as cash and the term shall also refer to coins. Refers to Special Drawing Rights, Asian Currency Unit, European Currency Unit and other tools designated by the Bank by publishing and broadcasting public information.
(c) “Nepali Currency” shall mean currency denominated in Nepali Rupees.
(C1) "Convertible foreign currency" means the foreign currency designated as convertible foreign currency by the bank by publishing and broadcasting public information.
(d) “Foreign Exchange” means foreign currency, all types of deposits payable or receivable in foreign currency, loans, balances, foreign securities and checks, drafts, traveler's checks in international circulation payable or payable in foreign currency, electronic fund transfer, Credit cards, promissory notes, bills of exchange, promissory notes must be remembered and the term also refers to any other monetary instrument specified by the bank through publication and broadcast of public information.
(D1) "Foreign exchange transaction" shall mean buying and selling foreign exchange, borrowing, giving or in any other way receiving or giving foreign exchange and the term also refers to the act of accepting foreign exchange rate by the bank.

(D2) "Licence" shall mean the license obtained from the bank by a person, firm, company or organization for conducting foreign exchange transactions in accordance with Section 3.
(e) say "license holder".It should be considered a person, firm, company or organization that has received a license from the bank in accordance with section 3 to conduct foreign exchange transactions.
(f) "Securities" shall mean shares, stocks, bonds, debentures, debenture stocks issued by any organized organization or certificates related to unit savings programs or group savings programs or transferable deposit certificates issued by organizations organized in accordance with prevailing laws and the term shall be defined by the Government of Nepal. Refers to securities or securities-related compensation, securities-related rights and rights as determined by publishing notices in the Nepal Gazette.
(g) "Foreign securities" means securities issued or issued from any country other than Nepal.
(G1) "Foreign investment" shall mean the following investment made by a foreign investor in a firm, company or organization:-
(1) Investment in Shares,
(2) Investments in deposits,
(3) Reinvestment of income received from investments under sub-sections (1) and (2). (4) Investments made as loans or credit facilities.
(G2) "Technology transfer" means the transfer of technology between a firm, company or organization and a foreign investor through an agreement regarding the following:-
(1) Using any technological rights, specifications, formulas, processes, patents or technical know-how of foreign origin,
(2) Using foreign-owned trademarks,
(3) Providing foreign technical consultants, management and market services.
(G3) "Foreign investor" shall mean any foreign person, firm, company or organization that transfers foreign investment or technology and the term also refers to foreign government or international organization.
(h) "Gold" means gold in the form of coins whether or not legally in circulation, bars and plates of gold whether or not refined and also includes ornaments and articles made wholly or mainly of gold.
(i) “silver” means silver in the form of coins, whether or not legally in circulation, and refined;Also refers to silver bars and plates, whether or not silver, and jewelery and goods made entirely or mainly of silver.
(j) "Bank" means Nepal Rastra Bank.
(k) "Prescribed" or "as prescribed" means prescribed or prescribed in the rules made under this Act.
(l) "owner in relation to any security" means a person who has the right to sell or transfer that security or a person who holds that security in his name or a person who receives dividends or interest from that security on his own behalf or on behalf of another person or a person who has any rights in that security means and if the securities are placed in a trust or the dividends or interest thereof are deposited in a trust fund, the trust or any of its conditions have the right to operate or cancel or modify the trust or any of its conditions with or without the consent of another person or have the right to control the investment of the trust money Refers to the person who has the right.
(d) "Investigating Officer" means the term referred to in section 11A. It should be remembered that the investigation officer appointed as per .
(d) "Person residing in Nepal" shall mean any of the following persons:- 1. Nepali citizens other than Nepali citizens who are residing outside Nepal for a period longer than the period specified by the bank through publication and broadcast of public information through employment, trade or any other business or any other work, 2. A non-Nepali citizen residing in Nepal for a period longer than the period determined by the bank through publication and broadcast of public information through employment, trade or any other business. (n) “Person residing outside Nepal” means any person other than a person residing in Nepal.