What is Finance..????
Posted by in UncategorizedFinance is the science of funds management. The general areas of finance are business finance, personal finance, and public finance.Finance includes saving money and often includes lending money. The field of finance deals with the concepts of time, money and risk and how they are interrelated. It also deals with how money is spent and budgeted.finance is the heart of organisation.finance it is regarded as blood of the organisation.without finance the firm can,t be existing.it refers to the financial assets which r necessary for run the business smoothly.finance is very important factor in organization like blood of body.Finance is an art of dealing with all monetary matters.Finance is the management, investment and arranging of the money or worth of company.The field of finance refers to the concepts of time, money and risk Finance is used by individuals (personal finance), by governments (public finance), by businesses (corporate finance), as well as by a wide variety of organizations including schools and non-profit organizations. In general, the goals of each of the above activities are achieved through the use of appropriate financial instruments, with consideration to their institutional setting.
Finance is one of the most important aspects of business management. Without proper financial planning a new enterprise is unlikely to be successful. Managing money (a liquid asset) is essential to ensure a secure future,both for the individual and an organization.and how they are interrelated.There are several types of Finance in the business field.
Some are here;
Home Loans
Insurance
Mortgages
Other Resources
General Finance
Personal Finance
Corporate Finance
Commercial Finance
International Finance
Financial Accounting
Banks
Banking
Credit Cards
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