What is the exchange rate?

The expression exchange stock is used to designate the restriction on the consumption of the divided from another country. The main reason for applying an exchange rate cap is the fear that the local currency will devalue in the face of excessive demand for a foreign currency. When applying an exchange rate cap, a series … Read more

Definition of Tax Evasion

The concept of tax evasion, tax evasion or tax evasion is used to define non-payment voluntarily and consciously of the taxes established by law. Tax evasion is, therefore, an illegal act based on concealing assets or economic income with the aim of paying less taxes or, failing that, not paying them in full. With this, … Read more

What is e-recruiting?

The concept of e-recruitment refers to the selection and hiring of personnel through the Internet. This term is also known as Internet recruiting or online recruitmen. The origin of this term dates back to the last decade of the last century, and throughout it it has been occupying an increasingly important place among companies. Its … Read more

What is equities?

The concept of equities refers to an investment based on assets in which there is no guarantee of the return of the capital that has been previously invested. According to the meaning of equities, the possibility of receiving an income is nil. However, and as a point in its favor, one of the characteristics of … Read more

What is endorsement?

The concept of endorsement refers to the act of partially or totally assigning the property or power over a document. It can be applied to any title of credit or property. The main documents that can be endorsed are checks, promissory notes, bills of exchange o bills. What is an endorsement? The endorsement is when … Read more

What are the ant expenses?

Ant expenses are small expenses that a certain family has and that are unnecessary due to the daily life that this has. These are small sums of money of daily and everyday origin that negatively affect the budget from a family. It is about losses of money from simple things every day that we do … Read more

What is an ERP?

A definition of ERP (Enterprise Resource Planning) is the set of information systems that facilitate the integration of different operations of a company, especially those that are linked to sectors such as logistics, accounting, inventory, production and shipments. What is an ERP for? Translated into Spanish, the ERP is Business Resource Planning. The main objective … Read more

What is an expert?

In a simple way we can define the word expert as a person who is a specialist or an expert in something. Focusing on the economic field, we can expand this definition by saying that an expert is a university graduate who, based on his academic training, formulates his opinion on a subject related to … Read more

What is ERM?

ERM (Enterprise risk management) or business risk management are the tools or methods that some organizations have to try to manage the risks in which they are involved, while trying to achieve the goals that were raised. These tools try to foresee what is going to happen, to anticipate events. Some of these events are … Read more

What is the economy?

The broad concept of economics can be defined in many ways depending on which author we read, as there are different visions or points of view. However, economics is a science that deals with the study of production, extraction, exchange, distribution, consumption and any other activity that involves the goods and services (wealth creation) that … Read more