Spot on!

Conspiracy = 2 or more people agreeing to do something illegal or immoral.

Theory = a working hypothesis, based on evidence.

Conspiracy Theory = a working hypothesis, based on evidence, to understand why 2 or more people might be lying about certain important events.

Every murder trial, where 2 or more people were involved, is a conspiracy theory.

Every robbery trial, where 2 or more people were involved, is a conspiracy theory.

Every stock market maniuplation investigation, where 2 or more people were involved, is a conspiracy theory.

Every congressional investigation, where 2 or more people are involved, is a conspiracy theory, and likely a conspiracy itself.

Nobody conspires more than politicians.

2 or more cops lie about what really happened in a shooting or false arrest = conspiracy, and anyone who wants to speculate as to the fact that they might be lying are free to do so.

That goes for all situations of all types of conspiracies.

The biggest conspiracy is how Big Media, Big Government, Big Pharma, Big Business, and Big Education all conspire to hide the truth of their vast conspiracies. -- by falsely claiming that such things could never happen, and anyone investigating them is somehow mentally unstable. They are the ones who are mentally unstable, so of course they don't want anyone looking into their many conspiracies.