lunes, 21 de marzo de 2011

FINANCIAL GLOSSARY




Production
is the economic activity that provides value-added creation and supply of goods and services, ie, is the creation of products or services and at the same time, the creation of value.


Use value
The use value of an asset is determined by natural conditions, is the skill that has an object to satisfy a need.

Utility
Utility is the property which a thing or action has the status of utility value.

Fixed Assets
Permanent assets that are typically required for carrying out the ordinary course of business. They generally consist of machinery, equipment, buildings, land, etc.


Joint Action
Title value that represents the economic rights of an investor in a corporation through the capital. Each common share grants equal rights to all holders.

Trade Balance
State of the activity of international transactions in goods of a country - balance between exports and imports for a period of time which is usually a calendar year.

Portfolio
Pool of financial assets of a company or individual.

Fixed Cost
Cost does not vary with changes in the level of production.

Domestic Debt
Set of obligations held by the government that are denominated in local currency.

Duopoly
Industry where the supply of the good is produced by only two companies.

Financial expenses
Expenditure for the interests of financial obligations.

Indirect taxes
Taxes on the execution of transactions

Inflation
Sustained and widespread increase in price indices

Clearance
Completion of a business or project by selling all its assets and the cancellation of all debts. Giving due to a financial asset by converting it to cash, typically through sale.


Profit Margin:
Difference between the sale price and the cost of a product.

Microeconomics
Branch of economic theory is the study of the behavior of individual economic agents.

Rating
Value contained in the document at the time of issue or transaction


Liabilities
A firm's obligations to third parties.

Capital gain
Increased property value due to inflation or a higher level of demand.

Shelf Life
Expected duration of the operation of an asset.

Heritage
Real property of a company or individual, defined as the sum of all assets less the sum of all liabilities.







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