It is the Administradora de Fondo de Pensiones (Pension Fund Administrator). This financial institution manages the retirement funds of the workers affiliated to it.
Every good and right of a company that can be valued in money.
Every special corporation that focuses on capturing or receiving on a regular basis money or funds from the people, in order to give them on loan, deduct documents, make investments, financial brokerage activities, to produce a profit out of that money and, in general, carry out any other operation allowed by law.
Situation that occurs when the liabilities of a company exceed its assets. This produces the payment cessation of its obligations and, as a result, can not continue with its businesses.
Debt instrument issued by a company. It represents the compromise of the issuer of returning the capital raised between the investors by paying a periodical interest.
Anticipated financial estimate of the expenses and incomes required to achieve the goals of a certain plan.
All the physical and financial resources owned by a holding. They are obtained through the contributions of partners or stockholders in order to generate benefits or profits.
It is an autonomous organization whose aim is to supervise the currencie´s stability and the normal operation of internal and external contracts.
Payment order addressed to a bank regarding the funds owned by the drawer.
Generalized and sustained process in which the prices in a country fall, which at the same time causes a drop in the general economic activity.
Decrease of the price of a countrie´s currency, in comparison with other nation´s currencies or gold.
Distribution of profits to the stockholders of a company, in cash of new stocks.
Increase of the total production of a country in a certain period of time.
Field of social sciences that analyzes production, distribution and consumption of goods and services.
Those instruments whose performance is variable. It is the case, for example, of stocks.
Abroad selling of goods and services from a country.
All the valuable resources for making an economic activity, obtained inside or outside the country through credits or other obligations.
Income without variation or volatility over time.
Total value of goods and services created in a country in a certain period of time.
Índice Mensual de la Actividad Económica (Economic Activity Monthly Index). It is measured by the Central Bank and tries to estimate the evolution of the net production of goods and services done by the chilean economy over a month.
Permanent rise of the general level of prices in a country, that generates a lower purchasing power of money.
Percentage per time unit of the capital given in loan; it is the cost for the borrower or debtor.
Amount that the creditor receives or could receive over the readjusted capital.
Purchase of goods or services for obtaining benefits. It does not consider expenses or consumptions that oppose to the investment.
Índice de Precios Selectivo de Acciones (Selective Stock Price Index). It measures the prices of the 40 companies with the greatest stock presence at the Santiago Stock Exchange.
Act of issuing securities of a company, as stocks, public funds and promissory notes, amongst others.
Transaction in which a party handles another a certain asset – usually of financial kind – with the obligation of returning it with interests in the agreed conditions and deadline.
Meeting point between buyers and sellers of a good or service, which act as bidders and demandants.
Equal amount of goods and services of a community.
Market structure in which a single company offers a good or service.
It is a long time loan, generally used in the purchase of a real estate over which a mortgage clause is established in favor of the borrower.
Handing of a real estate as a guarantee of the fullfilment of an obligation or financial compromise.
Wealth made up by the contributions of natural and artificial persons for its investment in equities of public offerings that is managed by a corporation on behalf and risk of the participants.
Process in which goods and services are created.
Economic benefit that are obtained by companies after the costs are subtracted from the incomes.
Return rate obtained from an investment in a specific value or from some property title.
Company represented by stocks subscribed by stockholders that respond up to the amount of their contribution.
Institution where transactions take place, mainly merchandise and stocks. Its function is to provide a place where its members can meet and negotiate.
The total value of an open company. It is obtained by multiplying the price of the stock and the amount of shares subscribed by the same company.
When an income excess is generated with relation to the expenditures in a certain company.
Operation carried out in the stock market in which a corporation shows its interest in buying the stocks of an open company´s part or its entirety. It tries to buy the shares to all the persons or groups that own them, offering a certain purchase price for each stock.
Public organization in charge of collecting and demanding the contributions stated by law.
Readjustable measure based on the variation of the chilean Consumer Price Index.
Usefulness degree of something that satisfies needs or provides well being.
Group of goods and debts quantifiable in money.
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