What is hoarding?

Hoarding refers to a monopolistic practice that can be carried out in the mercado and that consists of making the price of a product more expensive by freezing its supply. In this way, the products can be sold at a price higher than the price that would be sold if the offer were not frozen. … Read more

What is the primary surplus?

The term primary surplus is the difference between the expenses that a State has and the income obtained from the collection of its taxes. If these spending are greater than ingresos (In which interest payments on public debt should not be included, we will have a primary surplus; if they are lower, we will have … Read more

What is headhunting?

Headhunting is the technique used by the headhunter (or "headhunter"). It is about looking for information about a person's work profile without their active participation, in order to finally incorporate it as a professional to a company or project. This technique is becoming more and more common, especially in companies in which a very specific … Read more

What is the NIF?

The Tax Identification Number or NIF, is a code that serves to uniquely identify persons (both physical and legal) who reside, work or carry out their activity (in the case of companies) in Spain. In the case of companies, it is also known as CIF (Fiscal Identification Code), although this term legally no longer exists, … Read more

What is the Net Present Value or NPV?

The concept of Net Present Value, also known as NPV, refers to an investment criterion that involves updating the receipts and payments of a project to know if that investment is profitable or not. Other terms with which it is known are the Net Present Value (NPV) or Net Present Value (NPV). A good definition … Read more

What is novation?

The definition of novation is the modification or termination of a legal obligation or transmission by another subsequent obligation. In the event that an obligation is extinguished, it will receive the name of extinctive or proper novation, while when there is a modification of the pre-existing obligation it is called modifying or improper novation. What … Read more

What is net assets?

Net assets is one of the economic terms that any company needs to take into account, since net assets are used to determine the value of a company. This is because the net asset consists of the capital available in a company when the total assets are subtracted by the debts that cause said assets. … Read more

What is naming?

The meaning of naming is the set of techniques used to name things. The main purpose is the creation of a brand name, service or object. This word comes from English and its translation would be appointment or denomination. This is a fairly complex task, since in some cases the success or failure of a … Read more

What is nearshoring?

Nearshoring is one of the ways to outsource services in a company, similar to offshoring. Specifically, it is known as nearshoring the process of outsourcing the work activity of a company through subcontracting with other companies. Furthermore, nearshoring implies that such subcontracting takes place in a relatively close country, this being one of the main … Read more

What is the net profit?

It is important to know what the net profit means, as well as its difference between gross profit. But what do both concepts mean? Net profit turns out to be the subtraction of net income and expenses that you have incurred over a period of time to be able to carry out a business activity. … Read more