Adriana Sofía Perilla Caballero

 UNDERSTANDING: It is a decision about something that is made in common by

several people.
 CUSTOMS: It is an office that belongs to the State, where the corresponding
procedures for exports and imports are made.
 SAVING: It is to separate a certain amount of money or goods, for use in the
future.
 SELF-FINANCING: It is when a company uses only the resources of its activities
for investment.
 STOCKS: They are stored merchandise or goods that have not yet been sold or
used.
 EXPORT: They are goods or services that leave the Colombian National Customs
Territory bound for another country.
 EXPORTER: Person who sends goods or services to another country.
 MANUFACTURER: Person who produces products.
 FISCAL AUTHORITIES: Set of assets, property and income belonging to the
State.
 ECONOMIC FLUCTUATION: They are constant changes in prices at a certain
time.
 CAPITAL FLGHT: it involves the departure of assets or money from a country in
response to an event of an economic nature that has taken place in it.
 EARNINGS: It is the benefit or advantage that is obtained from a thing.
 MISCELLANEOUS COSTS: They are expenses other than expenses paid or
expenses paid, which are not specifically written.
 FIXED COSTS: They are those expenses that will always be month to month and
that in the long term will not change.
 OVERHEAD EXPANSES: They are the general expenses of a company, not
including those of production; that allow its operation.
 CONTIGENT EXPENSES: It is used to define an eventual expense within the
budget.
 EXPENSES: It is the withdrawal of money from a company for any reason
 DRAWING: It is the transfer of money from one bank fee to another.
 MORTGAGE: It is the law that taxes real estate to guarantee the fulfillment of
an obligation or the payment of a debt.
 HOLDING COMPANY: It is a financial company that owns the majority of shares
and manages a set of companies that are engaged in various economic or
industrial activities.
 IMPORT: Is the arrival of goods or services from another country, to the
National Customs Territory.
 IMPORTER: Person who brings products or services from another country.
 INCOME TAX: It is a tax that taxes the profits of individuals, companies, or
other legal entities.
 DUTY: It is a tribute or charge that people are obliged to pay to some
organization (government, king, etc.) without there being a direct consideration.
 RATE OF GROWTH: it is the percentage variation of real GDP (Gross Domestic
Product) in a given period of time, usually one year.