Applesaucer
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LSDefine
Simple English definitions for legal terms
transparency
Read a random definition: stock/bond power
A quick definition of transparency:
Transparency: Being open and honest about what you are doing and why you are doing it. This means not trying to hide anything that could be harmful or important for people to know. It is important for things like sharing information about money, how organizations work, and making laws. Transparency helps people trust and understand what is happening.
A more thorough explanation:
Definition: Transparency means being open and honest. It means not trying to hide information that could be harmful or important. This word is often used when talking about money, rules, and laws.
Examples:
- A company that is transparent will share information about how much money it makes and how it spends that money.
- A government that is transparent will make its laws and policies easy to understand and accessible to everyone.
- A school that is transparent will share information about how it makes decisions and how it spends its budget.
These examples show how transparency is important in different areas of life. When organizations are transparent, people can trust them more and feel more confident in their decisions. Transparency helps prevent corruption and dishonesty.