The IRS (Interest Rate Swap) Index, also known as a financial swap of interest rates 5-year, is a mortgage benchmark that came into effect in 2012 with the aim of replacing the Euribor, TAR, CECA and IRPH. Its calculation is at 5 years and its value varies less than the Euribor, providing the financial system … Read more
The Theory of the Invisible Hand was developed by the economist Adam Smith and is a metaphor for how the pursuit of self-interest can be beneficial to the whole of society. In other words, according to this theory, there is no disadvantage for each person to seek their individual interest, since the law of supply … Read more
Industry, or industrial activity, is the part of the economy oriented towards the transformation of raw materials into products that are subsequently consumed by citizens or economías domésticas. Originating in England in the industrial revolution, since then, the secondary sector has maintained its importance within the economy of each State. Industrial products also have the … Read more
INPC is the abbreviation of the National Consumer Price Index, which is nothing more than an economic indicator that measures the change that occurs in the goods and services consumed by the households of a country in a certain specific time. Thanks to this data, important trends can be known about the evolution of a … Read more
The term insight is used in the marketing and advertising to refer to the instant that a user clearly realizes that the service or product that your company offers is what is best for them and is what they are looking for. To understand the meaning of insight a little better, one could say that … Read more
A debit is an entry in the debit of an account, which implies a decrease in the balance in favor of the account holder. The debit is normally domiciled, and it is a payment instrument that allows payments to be made electronically and automatically. All this has to be done between legal entities and / … Read more
The issued capital in is the set of actions that a company offers for sale to the shareholders or the general public. The concept of issued capital refers to the value of all the shares that have been put into circulation for sale. This can be done to replace the withdrawal of a shareholder, for … Read more
If a economic term that we should all know, that is the personal income. Normally, it is one of the key concepts within the macroeconomía, but it should also be a term present in life and economía doméstica. The reason is that Personal Income is that income received by individuals and companies that are not … Read more
The concept of the individual entrepreneur, also known as an autonomous individual company, is a person who is engaged in an economic or professional activity on their own account. By the definition of individual entrepreneur we understand that there is no fragmentation at either the legal or judicial level, of who the owner and the … Read more
Intangible assets are assets that the company owns and that cannot be physically perceived. However, they are considered assets because they help the company produce an economic return through them. Examples of intangible assets can be Brand value, knowledge of work methodologies, patents or the goodwill. These intangible assets make up a large part of … Read more
