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Adriana Sofía Perilla Caballero

 MARKETING: Is to give the ways and conditions to a product for sale.


 MERCHANT: Person who habitually carries out commercial activities.
 FOREIGN: This term is usually used to refer to the transactions of a country
against the rest of the world..
 INTERNATIONAL TRADE: This refers to the trade of all goods and services
worldwide.
 DOMESTIC: This refers to the trade that is carried out between businessmen,
merchants, and customers residing in the same country.
 COMMERCE: It is the exchange of a fixed value for a product or service, either
to consume, sell or transform them into other products.
 COMPETITION: It is when there are many companies or people that offer the
same product or service; that they have in common their own benefit.
 PURCHASE: Acquire something in exchange for money.
 BUYER: Person who acquires something in exchange for money.
 CONSUMER: Person or organization that consumes goods and services placed on
the market.
 CONSUMPTION: It is understood as the action of consuming or spending a good
or service, to satisfy human needs.
 ACCOUNTING: It is a control and recording system of expenses and income and
other economic operations carried out by a company or entity.
 ACCOUNTANT: It is something that can be countable or numbered.
 TAXPAYER: Is the natural or legal person who must comply with tax obligations.
 QUOTATION: Document where everything about a product or service is
specified, and is requested by a possible client.
 TAX COLLECTOR: Person who is in charge of collecting the value of the
corresponding taxes.
 CASH BALANCE: It is the balance available in a bank account.
 INSURANCE: It is a contract that allows you to cover a contingency by paying an
amount of money to the entity that provides the service.
 ECONOMIC SITUATION: Refers to the set of assets that make up a person's
assets (solvency).
 UNDERDEVELOPMENT: It is a situation where there is a lack of wealth, services
or productive capacities.
 ALLOWANCE: It is an economic aid that a person or entity receives from an
official organism; to satisfy a certain need.
 CHEQUEBOOK: It is a document that the bank gives to its clients, so that they
have their money available in an account, either totally or partially, by checks.
 RATE OF INTEREST: It is the amount that must be paid to use an amount of
money during a certain time.
 SECURITIES: It is a necessary document to perform the literal and autonomous
right expressed in it.
 TRANSFER: It is a bank operation that consists of transferring money from one
account to another one.
 MATURITY: It is the fulfillment of the term or end of a period fixed for a debt,
an obligation or a contract.

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