The bondsman is part of the bond contract. It undertakes with the creditor of the main obligation to guarantee the satisfaction of the debt in case the debtor cannot afford it. That is, the guarantor is the person who agrees to pay or fulfill an obligation for a third party if that person does not. … Leer más
The act of notoriety is a public document drawn up by a judge or notary and records certain statements or facts. Its function is to grant notoriety, that is, what is indicated in the document becomes statements or known acts, proven and fixed as evidence for future procedures or judicial processes. The act of notoriety … Leer más
An indexed loan is a type of bank loan characterized by linking the evolution of repayment interest to a certain ratio or external reference. Within the wide spectrum of existing types of loans, the indexed loan is one whose life or market evolution is directly influenced by a reference index. The interest rate applicable to … Leer más
Intolerance is an attitude and behavior that consists of not respecting what we do not like or that is different from our own preferences. It is a fact that usually occurs especially in people who are very politically or religiously biased. Intolerance is a concept with negative implications. It supposes that a person does not … Leer más
The amortization of intangibles is the accounting treatment that a company grants to its intangible assets throughout their useful life. In the field of accounting, the amortization of intangibles makes it possible to formally record the benefits that this type of asset generates for a company throughout the period of time in which they are … Leer más
Product cannibalization is the decline in sales of a particular item, generally due to the fact that it has been substituted for another.. The substitute does not necessarily come from the competition, but from the same company that offers the replaced product. In other words, the cannibalization of products is generated when the sales of … Leer más
Risk-weighted assets are a tool for evaluating the solvency of a banking entity. Among the various assets that a bank has, it is necessary to take into account the different risks they face. The banks maintain the assets by weighted risk, taking into account said risks undertaken and proportionally establishing a capital maintenance. In this … Leer más
The person who is part of a social, work or any other type of group is called a gregarious person. But, in addition, his performance in such a group is so homogeneous to the rest that he could be replaced without noticing the slightest change. When we talk about a gregarious, we mean that the … Leer más
The line of business is the way in which a business is classified based on the activities it carries out. A company carries out a series of activities aimed at making a profit and this term is intended to specify the type of tasks that they are. The line of business aims to determine and … Leer más
A global bond is a negotiable security issued in several countries simultaneously. It can be both public and private. In the field of finance, the global bond stands out as a model of negotiable security characterized by its listing on secondary markets. In practice, this instrument has important similarities with the Eurobond. This is issued … Leer más
