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When we use the word lace , we can refer to different issues. One of the most frequent uses of the term refers to ornamental fabric made with openwork or meshes that are usually adorned with embroidery.

The laces are transparent and have drawings (geometric or other) that are joined in one net . The fabric called in this way is characterized by merging compact and open spaces, with a greater or lesser concentration of thread, respectively, which serves to create the different motifs or drawings. The main difference between lace and embroidery is that the latter is created on a piece of pre-existing fabric, while the former is used to make the fabric itself.

The elaboration of the lace can be carried out by means of several techniques of production, such as braiding, knotting, twisting, interwoven or stranding of strands of thread. Depending on the technique used, it can be differentiated between needlepoint , bobbin lace , crochet lace or mechanical lace .

He bobbin lace is made in a way handmade , and requires the following instruments and elements: the template with the desired design (which is usually cardboard), pins, bobbins, a pad and strands of vegetable fiber. The bobbins are small sticks, around whose upper half the thread is wound or wound, since it is the thinnest part, so that it is tight because of the balance with the weight of the other half, whose thickness is greater. Throughout the weaving process, the canvas must be fastened with pins, which are nailed to the pad, according to the design.

On the other hand we have the needlepoint or needle, which is done by hand, with the help of hooks or needles, while recreating the design made on a sheet of paper. To make the job easier, the thread is usually fixed at certain points of the paper. While this method is more laborious than the first, the results are usually finer.

With the arrival of the machines, the elaboration of lace underwent an important transformation, which resulted in the birth of mechanical fit . At present, most products with lace are made this way. Although it allows to reduce production costs, it also completely eliminates the typical magic of handicraft work; For this reason, exclusive pieces are still manufactured by hand.

Tablecloths, curtains and women's underwear are some of the textile products that have lace, made with fibers such as linen, silk or cotton .

In the context of finance, the totality of the assets that banking institutions treasure in the form of money . The lace, therefore, is composed of deposits that banks keep as liquid reserves (cash).

Also called reserve ratio , the lace cannot be used to grant credits Or to make investments. The monetary authorities of the country are responsible for setting the minimum coefficient that banks must have as a reserve requirement.

Suppose that, in a given nation where the current currency is the weight, a reserve coefficient of the 3% . This meant that the banks , For each 100 pesos they receive as a deposit, they have to save 3 pesos Like lace The 97 pesos the rest can lend or invest.

Lace, on the other hand, is the act and the result of fitting something (adjust or insert). By example : “I don't know how I am going to do to fit the new furniture into the living room wall”, "You need to use grease for that piece to fit in the opening".

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