Chirality arises universally across many different fields. Recent advancements in artificial nanomaterials have demonstrated chiroptical responses that far exceed those found in natural materials. Chiroptical phenomena are complicated processes that involve transitions between states with opposite parities, and solid interpretations of these observations are yet to be clearly provided. In this review, we present a comprehensive overview of the theoretical aspects of chirality in light, nanostructures, and nanosystems and their chiroptical interactions. Descriptions of observed chiroptical phenomena based on these fundamentals are intensively discussed. We start with the strong intrinsic and extrinsic chirality in plasmonic nanoparticle systems, followed by enantioselective sensing and optical manipulation, and then conclude with orbital angular momentum-dependent responses. This review will be helpful for understanding the mechanisms behind chiroptical phenomena based on underlying chiral properties and useful for interpreting chiroptical systems for further studies.