A factoring contract is a means of financing for small and medium-sized companies. The concept of factoring contract means that a company (customer) hires another (financial, factor) so that the latter can provide you with solvency and financial resources with which to deal with your credits, accounts receivable and also your defaults. Thus, one of … Read more
Financial statements are a reflection of the loyalty of a company. They are part of a document or report that compiles precise data on the accounting of a company. Within the definition of the financial statements we also have to take into account that the stipulated period of time to calculate them is developed annually. … Read more
The concept of front man refers to a person who takes responsibility or assumes the ownership of a business or contract that actually belongs to another individual. In this way, he lends his identity, providing his name, bank accounts or other possessions in order to conceal another person. The figurehead is also known as the … Read more
The term fallen angels (or fallen angels) refers to companies that issued bonds with a certain investment grade but have become "Junk bonds"due to the weakening of the financial situation of a country. This happens if the income that was dedicated to a bond is reduced by external reasons. If to this is added the … Read more
The concept of free float, in English known as free float, refers to the number of shares in circulation that are available to users to acquire through the market bursátil. These shares do not remain controlled by the dominant group or the company's strategic investors, so they could be freely bought in secondary markets. The … Read more
Financial institutions are organizations specialized in the accumulation of capital and the provision of financial services to the different economic agents of society. They are companies that generally act as intermediaries and that facilitate the flow of money through the economy. Below, you can find the different types of institutions or financial entities that currently … Read more
The fixing is an economic system that can have two meanings. The first of them is related to stock markets. It is a trading system for securities with little liquidity. But it can also be a system of exchanging one currency in relation to the others. The official fixing is published by the central banks, … Read more
Factoring is a type of credit transfer operation that allows a company to obtain immediate liquidity. In other words, factoring is an operation that allows the company to have money quickly in advance for the collection of pending invoices that the company has from third parties without having to opt for the commercial discount. Terms … Read more
FIFO is understood as a method of accounting designed for the valuation of inventories, whether it is products, raw materials or components. It comes from English, "first in, first out" and in Spanish it is known as the PEPS method, "first inputs, first outputs". Since inventoried goods are not bought at the same price, for … Read more
When we refer to fraud, we refer to the deliberate will to commit a crime knowing that it is illegal or that we can commit an act as such. In legal acts, fraud implies the malicious will to deceive someone or breach an obligation that has been contracted with another party. However, depending on the … Read more
