The interbank market, as its name suggests, is the mercado in which banks intervene to be able to lend money to each other at a certain price and interest. Operations in the interbank market are very common by certain financial institutions. Whether it is to finance large projects, help other banks, or try to rescue … Read more
Indirect costs are understood to be those that are not directly attributable to the production of a specific product or service. Within them, some authors distinguish between the so-called semi-direct, when despite not being able to be attributed to a specific product or service, they can be attributed to a specific cost center or department. … Read more
The term insider (comes from English and literally means "the one who is inside") refers to the person or persons who, due to their position within a corporation, normally in the management bodies, have knowledge of confidential or privileged information about financial state (or any kind) of a company; as well as decisions about the … Read more
The movement of goods and services through different countries and their markets is known as international trade,foreign trade or world trade. It is an economic activity that is carried out through regulations to establish the participants in the exchange and is carried out using foreign exchangeand different forms of payment. International trade is possible thanks … Read more
The concept of infoxication affects mainly Internet users and knowledge professionals, so it can be ensured that few people can get rid of this phenomenon. The definition of infoxication would be the overload or excess of information caused by the profusion of content on the network. In general, a victim of infoxication suffers from confusion, … Read more
The change that the quantity consumed of a good experiences due to its price change is called the total effect. Within the total effect we find two types of effects. He substitution effect and the income effect, also known as the income effect. The latter is used to define the consequences that the variation in … Read more
The Economic Activities Tax or IAE, as its name indicates, is a tax that is applied directly to any type of economic activity. This tax affects natural and legal persons, which means that all those who carry out a business, professional or artistic activity must pay it. It is a impuesto which is managed mainly … Read more
Simple interest is one of the existing interest rates in economic terms. The word interest refers to the profit that a capital produces. This capital can be found in two situations in which interest is generated: Borrowed capital. It can be capital that a financial institution has lent in a mortgage operation and for which … Read more
Proforma invoices are a type of invoice that is considered as the previous document to a sales invoice. It is sent to the buyer prior to the shipment or distribution of the objects, products or services purchased. Although it is not a final invoice and the final prices may change, it serves to show the … Read more
ISO standards are documents that collect requirements that can be used in organizations to ensure that the products and services provided by said entities meet their objective. To date, the International Organization for Standardizatoin (ISO) has published some 19.500 international standards that can be accessed from its website www.iso.org. The main objective of ISO standards … Read more
