Page 541 - diccionario
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situation, circumstances and knowledge of
the concernig parties.
negociación colectiva/collective bargaining:
bargain between employers and unions
in relation to a contract affecting a
negotiating unit.
negocio conjunto/ joint venture: a
commercial venture between two or more
persons for the execution of a specific
project.
negocio/business: activity of an individual
a corporation or an organization related
to the production, commercialization or
service.
nota de embarque/bill of lading: a report
from the freighter acknowledging receipt
of the freight and issues a transportation
agreement.
novación/ novation: the substitution of a new
creditor or debtor for others with which
are older.
oferta agregada/ aggregate supply: it is the
capacity of the resources of a country to
generate real goods and services.
oferta monetaria/ money supply: the total
sum of currency money in a country.
oferta pública/ going public: when the stock
of a company is offered to the general
public in a stock exchange market.
oferta/ bid: to offer money in exchange of a
property (products, merchandise, services,
etc) for sale.
orden de pago/ money order: an instrument
acuired by some one who pays a fee and
who does not have a banking account but
wishes to send money to some one else.
pagaré/ note: a written instrument
constituting legal evidence of a debt,
signed by the debtor with the promise to
pay out the obligation to a creditor in a
specific date and place.
participación de mercado/ market share: the
percentage a firm has from the total sales of
the industry to which it belongs.
pasivo fijo/ fixed liabilities: all obligations
not due within the following fiscal year
(i.e. mortgages due in 20 years, long term
credits, etc.).
patrón oro/ gold standard: a monetary
agreement by which all currencies are
backed one hundred percent by gold.
patrón/ employer: a person or organization
providing employment to workers.
pedido en firme/ firm order: a final order
which can not be cancelled. It may be oral
or in writing.
pedir prestado/borrow: to receive something
from another person with the condition to
return it.
pérdidas netas/ net loss: the amount in which
expenses and losses exceed income and
profits during the same time period.
perfil de mercado/ market profile:
information on the potential buyer, or
an analysis on the background of the
population conforming the market of a
particular product or service.
período fiscal/ fiscal period: accounting
period of 12 months from which
commercial activities are reported.
permiso para ausentarse/ leave of absence: it
is a leaving permit, usually without loosing
seniority, and assuming that the employee
will return to his position afterwards.
planeación a largo plazo/ long-range
planning: a systematic procedure to
manage and control the future activities
of a company, forecasting the future and
establishing an action stratgegy for the
expected results.
poder de compra/buying power: available
money for consumption and spending,
which consists of liquid assets and available
credit.
política fiscal/ fiscal policy: a planned course
of action related to budgetary matters.
práctica como interno/ internship: a training
period during which the chosen employees
are given a complete introduction of
their jobs and the opportunity to apply
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what they have previously learned in the
academic institution.
precio de mercado/ fair market value: the
value obtained through negotiation
between well informed buyers and sellers.
presidente de la junta directiva/chairman of
the board: the highest ranked executive in
a corporation.
préstamo/ loan: a commercial transaction
between two legal entities or individuals,
by which the lender provides funds to the
borrower. Such funds may be lent with
or without comission which is known as
interest or discount.
presupuesto/budget: list of all the income
and expenses that a business expects to
receive in a given period of time.
principios de contabilidad/ accounting
principles: general guidelines indicating
the procedures to be applied in specific
accounting situations.
producto básico/commodity: basic
commercial or industrial merchandise.
producto nacional bruto/ gross national
product (GNP): the total market value of all
goods and services produced in a country
during one year period.
productos intermedios/ intermediate goods:
products transformed into final goods
through the production process.
pronósticos financieros/ financial forecasts:
the forecast of future data, mainly the
financial statements.
propensión marginal al consumo/ marginal
propensity to consume: the percentage of
increase in income spent on cunsumption.
propiedad intelectual/ intellectual property:
goods and services such as trademark
merchandise, patented products, creative
work such as books and motion pictures.
propiedad, herencia/ estate: any right or
property title over an asset. All the assets
owned by a person until his death.
prórrogas/ extended terms: when a client is
given an additional time period to pay.
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