What Is a Performance Bonus.

A performance bonus is a type of compensation paid to an employee based on their individual performance or contribution to the company. This type of bonus can be awarded in addition to an employee’s regular salary or wages, or as a standalone bonus. Performance bonuses are typically given out at the end of a fiscal … Read more

What is a check?

We call check to the document used as a means of payment by which a person orders an entity to pay a certain amount to another (person or company). We find checks of different types: Personal check: issued against a person's checking account. The holders of these accounts will be given a personalized check book … Read more

What is a public deed?

The public deed is a document that is processed before a notary and in which a certain event or right authorized by the official himself is recorded, who will be in charge of signing together with the grantors. The official himself will have the mission of attesting to the legal capacity of the content and … Read more

What is a monopsony?

The monopsony, also known as the monopoly of the buyer, it is a market structure where there is a single applicant or buyer. There may be one or more bidders, and that is why the market is classified as imperfect competition. Characteristics of the monopsony It is a somewhat special economic activity, since that single … Read more