ACTIVIDAD EN INGLES

CRISTIAN DAVID CAIPE OLIVA

FUNDACION UNIVERSITARIA UNICAFAM

BOGOTA D.C 2021

 PALABRAS ENTRE LAS MAS IMPORTANTES TENEMOS

1. ORDINARY ACTION: Equity instrument that is subordinate to all other kinds of

instrument’s heritage.

2. LEASE: It is an agreement in which the landlord agrees with the lessee to receive a single
sum of money or a series of payments or fees, for assigning the right to use an asset for a
period determined.

3. CAPITAL: capital is synonymous of net assets or equity of the entity. The most entities
adopt a concept financial capital when preparing its statements financial

4. CAPITALIZATION: Recognition of a cost as part of the carrying amount of an asset.

5. COSTS OF DISPOSAL: Incremental costs directly attributable to the disposal of an asset,

excluding costs financial and tax expenses Profits.

6. HEDGE EFFECTIVENESS: Degree to which changes in fair value or in the cash flows
of the hedged item, directly attributable to the hedged risk, offset by changes in fair value
or in the cash flows of the instrument of coverage.

7. SETTLEMENT DATE: Date an asset is delivered or received by an entity

8. JOINT VENTURE: A contractual arrangement whereby two or more participants undertake

an economic activity which is subject to joint control.

9. COSTS TO SELL: Incremental costs directly attributable to the disposition of an asset

(or group of assets to disposal), excluding financial costs and income tax expense

10. BORROWING COSTS: Interest and other costs, incurred by the entity, which are related to
the funds that they have been borrowed.
11. SUBSTANCE OVER FORM: Principle according to which transactions and other events are
accounted for and presented in accordance with its essence and economic reality, and not
merely according to its legal form.

12. LIQUIDITY: The term liquidity refers to the cash availability in the near future, after having
taken into account the payment of the financial commitments for the period.

13. ACTIVE MARKE: A financial instrument is considered as quoted in an active market if the
prices of quotes are easily and regularly available to through a stock exchange, financial
intermediaries, a sectoral institution, a fixing service prices or a regulatory body, and those
prices reflect current market transactions that occur regularly, between parties that they
act in a situation of mutual independence.

14. LEGAL OBLIGATION: That which is derived from:

(a) a contract (either from its conditions explicit or implicit);

(b) the legislation; or

(c) other legal cause.

15 SHARE OPTION: A contract that gives the holder the right, but not the obligation, to
subscribe shares of the entity at a fixed or determinable price, for a period specific.

16 AMORTISATION: Systematic distribution of the depreciable amount of an asset

throughout its useful life.

17 OPERATING CYCLE: Period that elapses between the acquisition of the materials that
enter the production process and their realization in cash or cash equivalents.

18 GUARANTEED ELEMENT: An obligation to pay guaranteed benefits, included in a

contract that contains an element discretion of participation.

19 DIVIDENDS: Profit distributions to holders of participations in the ownership of the

entities, in proportion to their holdings over a given class of capital.

20 TRADE DATE: Date on which an entity commits to buy or sell an asset.