Glosary 5. Activity 8
1. Equilibrium/ Equilibrio: A state in which opposing forces or influences are balanced.
2. Market Clearing Price/ Precio de equilibrio del Mercado: The price of goods or services that exists when the quantity supplied is equal to the quantity demanded.
3. Below/ Abajo: At a lower level or layer than.
4. Above/ Encima: In or to a higher position than something else.
5. Imbalance/ Desequilibrio: Lack of proportion or relation between corresponding things.
6. Current/ Corriente: something that flows, as a stream.
7. restored / restaurado / return a thing to its previous state.
8. Cutting prices / reducción de precios / price Reduction Strategy: Maintaining a lower price in the market, but without losing the quality of the product within it.
9. attains / alcanza / be enough or enough a thing for some purpose.
10. led/ dirigir / directing is guiding, coordinating, agglutinating, attracting, it is the way to achieve the fulfillment of the Company's Mission. It is to put into operation all the processes to achieve the results.
11. leadership / liderazgo / it is the set of managerial or managerial skills that an individual has to influence the way of being or acting of people or in a particular work group, making this team work enthusiastically towards the achievement of their goals and objectives.
12. set / conjunto / a set is defined as the grouping of different elements that share similar characteristics and properties with each other. These elements can be anything, such as numbers, songs, months, people, and so on.
13. Price ceilings/Precios máximos/Price set by the government below the market equilibrium point and which in theory tends to correct that situation, benefiting consumers; arises from political considerations regarding the inadequacy of said price.
14. Price floors/Pisos de precio/“The price of the flats” can also refer to the amount that sellers ask for their flat, regardless of whether they sell it or not and the distance that separates them from the best offer they have received. Is the price that appraisal companies ESTIMATE that a flat is worth.
15. Sortages/Clasificaciones/Sorting action.
List or orderly relationship of things or people according to a specific criteria.
16. Surplus/Superávit/Amount in which revenues exceed expenses.
Situation of the economy in which revenues are greater than expenses.
17. Improving/Mejorando/The improvements, improvements, or enrichment of something or someone is always executed from a bad context, from an antecedent situation that is not good, that is identified as such, and then proceeds to give it a twist to renew it positively.
18. Minimum wage/Salario mínimo/minimum wage Minimum amount, set by the Administration, which must be received by at least any person for performing a full-time work.
19. Track/Pista/An indication that allows us to deduce something from which there is no direct knowledge.
2. Market Clearing Price/ Precio de equilibrio del Mercado: The price of goods or services that exists when the quantity supplied is equal to the quantity demanded.
3. Below/ Abajo: At a lower level or layer than.
4. Above/ Encima: In or to a higher position than something else.
5. Imbalance/ Desequilibrio: Lack of proportion or relation between corresponding things.
6. Current/ Corriente: something that flows, as a stream.
7. restored / restaurado / return a thing to its previous state.
8. Cutting prices / reducción de precios / price Reduction Strategy: Maintaining a lower price in the market, but without losing the quality of the product within it.
9. attains / alcanza / be enough or enough a thing for some purpose.
10. led/ dirigir / directing is guiding, coordinating, agglutinating, attracting, it is the way to achieve the fulfillment of the Company's Mission. It is to put into operation all the processes to achieve the results.
11. leadership / liderazgo / it is the set of managerial or managerial skills that an individual has to influence the way of being or acting of people or in a particular work group, making this team work enthusiastically towards the achievement of their goals and objectives.
12. set / conjunto / a set is defined as the grouping of different elements that share similar characteristics and properties with each other. These elements can be anything, such as numbers, songs, months, people, and so on.
13. Price ceilings/Precios máximos/Price set by the government below the market equilibrium point and which in theory tends to correct that situation, benefiting consumers; arises from political considerations regarding the inadequacy of said price.
14. Price floors/Pisos de precio/“The price of the flats” can also refer to the amount that sellers ask for their flat, regardless of whether they sell it or not and the distance that separates them from the best offer they have received. Is the price that appraisal companies ESTIMATE that a flat is worth.
15. Sortages/Clasificaciones/Sorting action.
List or orderly relationship of things or people according to a specific criteria.
16. Surplus/Superávit/Amount in which revenues exceed expenses.
Situation of the economy in which revenues are greater than expenses.
17. Improving/Mejorando/The improvements, improvements, or enrichment of something or someone is always executed from a bad context, from an antecedent situation that is not good, that is identified as such, and then proceeds to give it a twist to renew it positively.
18. Minimum wage/Salario mínimo/minimum wage Minimum amount, set by the Administration, which must be received by at least any person for performing a full-time work.
19. Track/Pista/An indication that allows us to deduce something from which there is no direct knowledge.
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