The definition of surety is the guarantee that tries to guarantee the effective fulfillment of an obligation. The concept of surety is used mainly in two senses, as a personal guarantee and as a real guarantee. In the case of the first term, the bond ensures the fulfillment of a debt or a obligation through … Read more
En financial terms the cash ratio is a percentage that is calculated on the total of the deposits that a financial institution has, such as a bank or savings bank. This percentage must be kept by financial institutions in a liquid state and kept on a mandatory basis at the central bank of each country, … Read more
The trade balance is the set of imports y exports developed by a country on strictly commercial terms. Therefore, the meaning of the trade balance refers strictly to the volume of payments and the volume of collections made by that country. The imports of the trade balance contemplate data directly related to the activity of … Read more
The economist Max Weber is the one who shaped the term we define today. Like any other term, the concept has evolved, as have its characteristics. We will tell you what it is. Bureaucracy refers to a system of organization and / or rules by which a company is administered, manages and executes certain actions, … Read more
Stockbrokers, or brokers, are the intermediaries between buyers and sellers in trading assets furnishings. It may have natural or legal personality and is recognized by the stock exchange, to carry out this activity. The functions of the stock broker are based on advising clients, trying to offer the best return on their investments. May act … Read more
A bonus is an economic feature that consists of providing a customer, employee or company with a discount on an amount of money that must be paid, or an increase on an amount that must be collected. Bonus examples To understand the meaning of this concept we show you a series of examples of bonuses: … Read more
According to Spanish law, it is called public property assetsand goods in the public domain, which also serve the general and public use of society, calling the set of public law assets called demanio. Public assets are, therefore, assets included within the patrimony of public administrations, either because they are subject to public use or … Read more
The concept of benchmarking refers to a management technique that is based on taking as a reference the most outstanding practices of other companies, either from the same sector or from another, to adapt them to the business itself in order to achieve better results. The definition of benchmarking also addresses the process through which … Read more
The balance update is the adjustment of the value of the assets of a company so that they have the current real value, due to the increase in the cost of living. It is about reassessing the assets of a company to adjust them to the rise in inflation. This revaluation is made on tangible … Read more
Reserves are the deposits of coins and money with which you count one to meet your obligations. The concept of reserves as such is included within thesituation balance and generally the reserves are accumulated by the entities in order to prevent future expenses that cannot be met. The source of the reserves normally comes from … Read more
