What’s the price?

In economics, the meaning of price is the amount of money that society must assume in exchange for a good or service. It is also defined as the amount of money assigned to an item or the sum of the values ​​that buyers exchange for the benefits of using or enjoying a service or good. … Read more

What is providence of urgency?

The concept of enforcement order refers to the act that legitimizes the administration to proceed against the property of the debtor. When there is a tax debt, for example, the management bodies of the Tax Agency use this system to collect the debt once the voluntary payment period has ended. There is an enforcement surcharge … Read more

What is a psychological price?

Psychological pricing is a strategy used in marketing that seeks to increase the number of sales through the perception that the customer has about the prices of the products or services that companies offer. Play with variations of Prices or with promotions they allow companies to obtain more benefits than applying traditional pricing policies. This … Read more

What is purchasing power?

The amount of goods or services that can be obtained with a certain amount of money depending on the price level is what is called "purchasing power". In other words, this concept refers to the relationship between the price that an individual, a company or a country pays to satisfy their needs and the level … Read more

What are the factors of production?

By the concept of production factors we understand the entire set of resources that are used to create a product, good or service by a company, entity or institution. He was the classical economist Adam Smith who was in charge of defining this concept. Each and every one of the production factors has a fundamental … Read more

What is the pay-out?

The meaning of pay-out is the percentage of profits that a company allocates to the payment of dividends. It could also be defined as the dividend per share that a company pays to shareholders between the profit per share of the organization as a percentage. Pay-out and dividends are closely linked. ¿What is the pay-out? … Read more

What is economic policy?

By economic policy we understand that set of decisions that are taken by generally public bodies with the intention of making decisions and measures aimed at managing and controlling the economy of a country. Thus, the concept of economic policy is carried out by parliaments and executive bodies of a similar nature. This economic term, … Read more

What is private banking?

Private banking is a group of financial institutions that are intermediaries between economic agents (people, companies, the State). This institution consists of a highly professional and comprehensive management of a client's assets. They have the objective of satisfying certain needs such as: investments, wealth, financial and tax planning of people or family groups with a … Read more

What is a property?

The term property is used to define all the goods that are inseparably attached to a floor. Assets that are considered real estate are usually called real estate or estates. These can be plots -built or not-, warehouses, houses or premises. The properties also have a series of characteristics common to all of them. Property … Read more

Capital gain

The term capital gain is defined as the positive benefits obtained from a sale or economic transaction. In other words, goodwill is the increase in value of a good or product that means a profit for its owner. In real estate terms, the capital gain would be the positive difference between the purchase price of … Read more