Karma
Karma means action and karma-phala means the result of the actions (the 'karma' in English likely refers to the result rather than the action).
These two terms together mean 'causality' (the principle that everything has a cause and actions have results.
Let's review some of the most relevant verses about karma.
You can't, at any moment, remain without taking some kind of actions.
Lord Krishna says to Arjun:
One cannot remain without action at any moment, indeed not at all. Indeed,
everyone born of the nature do some kind of action spontaneously (without
their control) due to the inherent characteristics of the nature they are born of.
No one with a body can abandon actions completely.
Lord Krishna says to Arjun:
Indeed, anyobe carrying a body cannot abandon the actions completely.
But who abandons the result of work, he is considered a renouncer.
You only have rights to actions, not to the results.
Lord Krishna says to Arjun:
You only have rights to actions or righteous duties, never in the fruits of those actions.
Your existence is neither for fruits of actions, nor should it be for associated inactions.
There are no obligations for me in this world. There are nothing to be obtained, or unobtainable therof, for me.
Lord Krishna says to Arjun:
There is not any obligation for me, O Paartha (Arjun), in the three worlds.
Also, I have nothing to obtain or there is really anything unobtainable to me,
but I am always in action.
If I don't do anything, the humans will follow me (and stop working).
Lord Krishna says to Arjun:
If ever, O Paartha (Arjun), I am not engaged carefully in actions,
the humans will indeed follow my path entirely.
I created the four varnas (divisions) based on their innate (natural) actions, but know me as a non-doer.
Lord Krishna says to Arjun:
Four divisions were created by me according to the characteristics and actions
of them as the doers. Know me as the inexhaustible non-doer, though.
I do not taint the (peoples') actions, nor do I aspire to the fruits (results) of actions.
Lord Krishna says to Arjun:
I do not taint the actions, nor do I have aspirations for fruits of actions.
So, he who knows me by actions, is not bonded.
Renunciation of the fruits of action is superior to knowledge, practice and meditation.
Lord Krishna says to Arjun:
Knowledge is indeed better than the practice; meditation excels than knowledge;
Renunciation of results of actions in better than meditation; the peace afterward
is better than renunciation.