What does the "rule of law" signify?

The "rule of law" signifies that every individual, regardless of their status, is subject to the law. This principle ensures that laws apply to all people equally, and no one is above the law, including government officials and leaders. It prevents arbitrary governance and helps maintain order in society by establishing a framework within which rights and responsibilities are defined and enforced. The rule of law is fundamental to democracy and is essential for protecting individual freedoms and promoting fairness in the legal system. This concept fosters accountability, as everyone, including those in power, must adhere to the same set of laws.