When there is a very important product in the economy in general, it is normal for a group of companies to take charge of its production. In case this does not happen, the government or state should take care of it. But … does this have a name? Yes. We speak of a domestic industry … Read more
B2C is a concept linked to marketing that derives from the English term Business to Consumer, which is the name given to companies that orient their services and products to the end customer, unlike companies B2B o Business to Business, where supplier companies work with other companies and not with the final consumer. What is … Read more
A business opportunity refers to a favorable time or occasion to start a business idea, create a new job sector or launch a new product into the market. A good example of a business opportunity is when a need is identified within the market that either no companies currently fill or existing companies fill ineptly. … Read more
A consolidated balance sheet reflects the accounting and the economic situation (in financial statements) of a group of companies, as well as their relationships with third parties or that they have with the companies that make up that same group of companies. This consolidated balance represents the sum of the balances of the companies that … Read more
The bank deposit is a product intended for clients seeking a return on their savings. Its operation is simple, the client, entity or company that has an amount of money to which it wants to obtain a profit contributes it to the bank during a certain period of time and under stipulated conditions, to obtain … Read more
B2B refers to the expression business to business, which translated into Spanish would be business to business. A definition of B2B would include the different business models in which transactions of goods or the provision of services take place between two companies. This concept of B2B marketing is linked mainly to wholesale trade, although it … Read more
The convertible bond is a type of financial asset of mixed type. Halfway between what is considered fixed and variable income. Convertible bonds have the particularity that there is the possibility of converting them into newly issued shares. In other words, holders of convertible bonds can transform them into shares if a capital increase occurs … Read more
The term database first emerged in 1963. In principle, a database is a set of information, but for this information to be considered a database it must meet a series of characteristics and requirements regarding its content. and structure. A database is, therefore, a set of information that meets a series of characteristics in order … Read more
As its name indicates, bank secrecy is the right or power that a financial entity possesses so as not to reveal certain private information of its clients to other authorities that require it. As with other types of professional secrecy, bank secrecy allows the bank or financial institution to hide the information that it has … Read more
Bimetallism (or double pattern) is a coinage in which two modes of payment are used together (both gold and silver). These modes of payment will be used as payment currencies, and the relevant economic and financial institutions must establish the relationship between the two metals in order to be able to safeguard and establish some … Read more
