What is an auction?

The auction is about a auction public property of movable character with intervention of the justice or the administration. The fundamental objective of this operation is to grant the sale of said goods to those who offer more for them. The objectives that the administration wants to achieve with this is to be able to … Read more

What are ledger accounts?

The definition of accounting accounts are the operating instruments where the assets (accounts receivable), liabilities (accounts left to pay) and the capital of a company, also known as cash flow. This data shows the ups and downs of a company. Among the methods for recording data are the following: Bound books, where one sheet is … Read more

What is antichresis?

The word antichresis designates the contract that is made when a real estate and that acts as a guarantee of a future payment. The property of the asset passes to the creditor, allowing him to receive the use and exploitation income corresponding to the asset. The duration of the antichresis is extended until the borrower … Read more

What is the lien?

The term tax is normally used in the economic sphere, in which it is used with several meanings. Mainly a lien is a type of burden, limitation or obligation that is established on a good or economic transaction. The word tax is applied in the tax field based on article 55 and following of the … Read more

What is book depreciation?

During the accounting exercises of a company it is necessary to estimate how much value the non-current assets or fixed. This process is known as accounting amortization, since it allows calculating the depreciation or valuation of a company's assets and being able to establish their real value over time. Among the assets to be amortize … Read more

What is anatocism?

When we ask for a loan we have to be aware of the consequences that can be derived from it. Next, we are going to comment on a concept related to loans. The so-called anatocism refers to the act of collecting the interests of default interest that have been originated by not having paid a … Read more

What is an asset haven?

The definition of safe-haven assets are those values ​​that in times of uncertainty or crisis have a high probability of maintaining their benefits and even increasing them. Although safe havens are not the perfect investment, they can be a good option for long-term investors, especially because of their stability and growth over time. That they … Read more

What is the activity rate?

The definition of activity rate is the index that measures the level of activity in employment in a community or state. This variable is of great value to know the economic growth of a country during a period of time. Calculate activity rate To calculate the activity rate you have to know a series of … Read more

What is the absolute frequency?

The absolute frequency is defined as the set of data and information provided by a statistics accompanied by frequencies to determine a value or an event. Therefore, the concept of absolute frequency determines the total number of times that a given value will remain in a set of information that has been taken as a … Read more

What is the workforce?

The term of active population is used to know sociodemographic or economic data of a country. It is interesting to know it, since many indicators of the country depend on it. The active population of a country refers to the number of people of working age who have a paid job or who aspire to … Read more