With real security, banks, savings banks and building societies protect themselves from losses when they grant a customer a loan. After all, there is always a certain risk that the borrower will not pay the claim as agreed. Usually, collateral is a requirement for a loan. Real security is a form of loan security. Real…
Category: Abbreviations
Meaning of Stock Market
Stock market is an adjective that comes from bursa, a Latin term that means “bag”. The stock market, therefore, is that linked to the stock market, understanding this concept as the financial institution that allows buying and / or selling shares. In this sense, it is possible to speak of equity shares, securities, trading, stockbrokers,…
Meaning of Air Conditioning
The air is the gaseous mixture comprises the atmosphere of the Earth. The concept is often used to name the atmosphere in general or the wind. Conditioned, on the other hand, is something of good quality or is in proper condition. The verb to condition refers to giving a certain condition or quality to something…