The APR concept, also known as the Annual Equivalent Rate, shows the coste or effective performance of a financial product. Unlike the interest rate, the APR does include bank charges and fees in addition to the compensation received by the owner of the money (usually a bank) for temporarily assigning it. The term APR contemplates … Read more
The concept of temporary contract refers to the employment relationship that is established between the worker and the employer to carry out an activity in exchange for a salary for a specified period of time. Depending on the hours they include, we can find full-time temporary contracts, if you work 40 hours a week, or … Read more
Did you know that tax advantages have consequences? Specifically, these effects consist of expenses that the Public Administration must assume since it is it who offers the tax advantages. Hence the economic term tax expenses, the absence of income or negative income received by the Public Administration. What are tax expenses for? Tax expenditures is … Read more
The meaning of treasure letter are those titles of public debt short-term issued by the Public Treasury with the objective of financing the déficit public. They are considered one of the main sources of funding for the states. How do Treasury bills work? Having the security of a government and a period of expiration Very … Read more
Who said that in the world of marketing nothing is possible? The concept of trade marketing is not very far from this reality, as it is usually one of the essential points within this science. Trade marketing is the set of techniques and strategies aimed at making a point of sale as attractive as possible … Read more
The concept of transfer rights refers to a case of transfer of a business premises made by the lessee of the same to a third party, who is subrogated in the obligations and rights arising from the previous lease contract. This transfer involves the replacement of one tenant by another. The right of transfer maintains … Read more
The TIN, also known as the Nominal Interest Rate, is the rate that banks use and that they communicate to us in loans, Mortgages, loans and deposit contracts, reflecting the payment of interest. A definition of TIN is the fixed percentage that is agreed as a payment concept for the amount of money borrowed. Shows … Read more
Taxes are involuntary taxes that people and companies must pay to a government entity (whether local, regional or national), in order to finance the State and the services that the government provides to citizens. The payment of taxes is mandatory, and the tax evasiónIn other words, the deliberate decision not to pay taxes through different … Read more
The operating account is an accounting concept that refers to the total profits or losses obtained by a company, taking into account the income and expenses that it has caused by its normal activity for the period in question. Structure of the operating account In the operating account there are two large blocks that allow … Read more
The meaning of transaction is the operation of a different type that is carried out between two or more parties and that implies the exchange of goods or services in exchange for the corresponding capital. The term transaction can be used in different areas of everyday life, but it is generally used for operations of … Read more
