If we disregard all this expansive language, the goal for many of us is to reproduce the recorded music in such a manner as to be as accurate as possible to the source. The best approach to this goal is to choose DACs and amps that have the maximum measureable SINAD, IMD, etc., and speakers combined with room impacts that provide an ideal, measureable reproduction accuracy.
That’s why it is best to rely on professional measurement resources like Erin’s Audio Corner, Stereophile measurements, and Audio Science Review as a first blush for finding extraordinary audio components. We can also rely on them for calling into question all the silliness about cables, power conditioning, cable lifters, and related audiofoolery.
Then we get to real hi-end stuff, equipment that performs optimally regardless of cost or heritage.