What is compound capitalization?

Compound capitalization is one of the ways in which the calculation of an interest can be carried out, being the compound capitalization the one that in its calculation takes into account not only the amount of capital -such as occurs with the capitalización simple or simple interest – but also the amount accumulated as interest … Read more

What are cookies?

Browser cookies are files created by a website that contain small amounts of data and are sent between a sender and a receiver. On the Internet, the sender would be the server where the web is hosted, while the receiver would be the browser used to visit the Internet pages. What are cookies for? Cookies … Read more

What is a Collective Agreement?

We define collective agreement as the agreement or pact made between two or more people or organizations, on a certain matter. A collective agreement is therefore, a type of pact or agreement on the working conditions, rights and obligations, which regulate a certain professional sector. The agreement is the result of collective bargaining between the … Read more

What is a credit note?

An credit note it is a document that serves to demonstrate a refund. It is usually issued when after an invoice has been issued, there is an error in it, the products are incorrect or damaged or, a cancellation is given or a discount is applied on it, for which there will be a refund … Read more

What is the Dickey-Fuller Test?

The Dickey-Fuller test is a test that uses the statistics to know the presence of a stochastic trend behavior in time series of the variables that make up the test, by means of a hypothesis test. In other words, the Dickey-Fuller test will help us to know if there is a significant presence of trend … Read more

What is the capital buffer?

This term is determined and supported by Law 10/2014, of June 26, on the management, supervision and solvency of credit institutions, in which a capital buffer is understood to be a minimum requirement of solvency that credit institutions have to comply with in a given territory, and under certain premises. The capital buffer is understood … Read more

What is perfect competition?

A definition of perfect competition is the situation of mercado in which companies do not have sufficient capacity to determine the price of the items they sell, so they cannot impose the rules of the game. What will determine the price will be the interaction between customers and companies, or buyers and sellers. In this … Read more

What does Recaudo mean?

The term of collection is usually used when a good collection of some monetary resources or physical goods is made. That is, they are going to have good custody of them so that in the future an obligation is satisfied. The verb to collect is the action of gathering, piling up or making custody of … Read more

What are livestock assets?

When we speak of community property, we are referring to the property that has been acquired by the spouses during their marriage. In this sense, the ownership of these assets is in equal parts, reducing the importance of who has contributed it. We must emphasize that, since the marriage exists legally and it has been … Read more