Bear Stearns was an American investment bank created in 1923. Its bankruptcy was the prelude to the great financial crisis of 2008. Due to its activity, mainly focused on securitization, Bear Stearns was highly exposed to subprime mortgages. It is true that the bank, created in 1923, had managed to emerge unscathed from the Great … Leer más
A credit document is a contract that reflects an agreement that recognizes an obligation between two or more parties. This type of document can be made even between individuals, so there may be the case in which two parties acknowledge a debt that exists between them in writing, without the need for there to be … Leer más
Gross equity is that total value, without any deduction or correction, that belongs to a person or company. In other words, it refers to the set of assets that is owned without taking into account the way in which the assets were obtained or if, on the contrary, they have linked debts. A frequent case … Leer más
Sometimes, when we hear economists talk about monetary policy, we can think that it is something far away that does not affect us at all. However, as we will see in this article, the decisions of central banks have a strong impact on our daily lives. This, despite the fact that it is sometimes difficult … Leer más
The second home is real estate that a person acquires, but not as a habitual residence but as an occasional residence or as an investment instrument to rent it. These second homes, as their name suggests, are not the habitual residence constituted by the person or persons who acquire it. The person who acquires this … Leer más
This regulation is the fundamental pillar that regulates civil procedural law, that is, all the rules that any person who wants to access a judicial process in the civil field must know. This, from the rights that you have, to the procedural burdens, how to start a procedure and if a lawyer or solicitor is … Leer más
A bankrupt is a natural person or company that will no longer be able to manage their assets individually and independently like any person, but will need a figure to collaborate with them for their administration (the bankruptcy administrator). This, due to the inability to meet their debts and the need for creditors to be … Leer más
Malpractice is the term that defines professional liability when work performance is performed negligently. This concept of malpractice is used for any profession where certain specific knowledge is needed and that the lack of care or expertise in the development of their profession causes damage. The best known and most used malpractice is in the … Leer más
That is to say, the tangible fixed assets groups those goods that can be seen and touched, and that allow the company to develop its economic activity. When we refer to tangible fixed assets, we refer to elements as simple as buildings, cars or office furniture. It is important to bear in mind that this … Leer más
Bond futures are futures contracts whose underlying asset is fixed income instruments, in this specific case, bonds. In other words, futures on bonds are agreements by which the sale of bonds is agreed. This, within a period and at a certain price. We must remember that a futures contract is an agreement by which two … Leer más
