Quick answer
"Of course" is a phrase which is often translated as "por supuesto", and "there is" is a phrase which is often translated as "hay". Learn more about the difference between "of course" and "there is" below.
of course(
uhv
 
kawrs
)
A phrase is a group of words commonly used together (e.g once upon a time).
phrase
1. (general)
a. por supuesto
Are you coming with us? - Of course!¿Vienen con nosotros? - ¡Por supuesto!
b. claro
Could you help me with this? - Of course!¿Me podría ayudar con esto? - ¡Claro!
c. desde luego
Of course you are right, as always.Desde luego que tienes razón, como siempre.
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there is(
thehr
 
ihz
)
A phrase is a group of words commonly used together (e.g once upon a time).
phrase
1. (used to indicate existence)
a. hay
There is a circus in town.Hay un circo en la ciudad.
2. (used to indicate location)
a. está
Sheila lives here, and there is my house over there.Sheila vive aquí, y mi casa está allá.
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