Definition of

Share

Gym

Gym users must pay a monthly fee.

Quota is a fixed and proportional part of something . The concept, which comes from the Latin quota , is usually used to name the amount of money that is paid regularly to a club, association, etc.

For example: "I haven't paid this month's fee yet" , "To join you must pay a monthly fee of 25 pesos" , "The collector has just arrived, please look for the money I have saved in the drawer for the fee" , "Members with up-to-date membership fees can use the party room."

Thus, for example, gyms usually have fees that their users must pay once a month in order to be able to use the facilities of the place, as well as access sports sessions or the use of the machines they have chosen.

Neighborhood fees

In the case of neighborhood communities, the fees (known as expenses in Argentina) must be paid by all the owners of the apartments because thanks to what is collected it is possible to have a cleaning service for the common areas, the hiring of companies to carry out the repair of certain damages, the supply of water or heating...

These neighborhood fees are one of the main problems that usually arise in these buildings and there are many tenants who decide not to pay them, although they do benefit from the services offered. In this case they become defaulters, who can be taken by the rest of the owners even to court to pay everything they owe.

Credit card

Credit cards allow you to make purchases in installments (also referred to as installment purchases).

Payments in stages

Installment purchases are those in which the price of the product or service is paid in different stages (that is, installments). If a person buys a television for 1,200 pesos and decides to pay for it in twelve installments, they will have to pay 100 pesos per installment, which means that they will only finish paying for it in twelve months.

It is common for installment purchases to carry interest or some type of surcharge . Returning to the previous example, if the 1,200 peso television is paid in twelve installments but with an interest of 10% on the total price, the buyer will have to pay 110 pesos per installment. Therefore, the television will end up costing you 1,320 pesos.

Other types of quota

Within the field of media, there is what is known as audience quota . It refers to the percentage of followers that a specific program has had at a specific time compared to the rest of the competitors.

All this without forgetting that there is also what is called a quota soldier , which is someone who will only be in a very specific part of the army because they have paid an amount that exempts them from being there for longer.

Market share , finally, is the percentage that a company dominates of the total available market . In a market of 1,000 clients, the company that has a 35% share has a portfolio of 350 clients. Market share, however, can be calculated from total sales or another concept.