Finance
November 26th, 2009 | Author: Farid
Finance studies the flow of money between individuals, corporations or States. Finances are a branch of economics that studies the acquisition and management by a company, individual or state, of the funds it needs to meet its objectives and criteria that have assets. In other words, studies regarding the collection and management of money and other securities such as shares, bonds, etc..Finance seek, therefore, the conditions and timing of the capital gets, the uses of this and payments and interest charged to cash transactions. Also usually defined as the art and science of managing money.
What is Finance? What does Finance? Define Finance. Finance Definition: 1a. Finance Definition: A set of goods, especially money, that a person possessed. 2a. Finance Definition: A group of business activities related to money in business, banking and stock. 3a. Finance Definition: A set of markets or financial institutions nationally or internationally.
There is much talk of finances, but little is specific to your concept, what is it about finances.
The concept of finance
Finance is a branch of economics that addresses the issue related to obtaining and managing money, resources or capital by a person or company. Finance refers to how resources are obtained, the way they spend or consume, the way they invest, lose or draw value.
The administration or management of money or capital, today has become a profession in an art by the inherent complexity of an environment swarming myriad of variables and elements. The techniques and ways to acquire and manage money are becoming more complex, more demanding.
Finance is the study many aspects and elements related to the process of obtaining and managing money or capital. Finance seek to improve the sources from which money is obtained and seeks to optimize its use, which can result in spending or investment.
That is why the finances are very well distinguished between investment in an asset that retains and even potentiates the money, and just spending it only leads to the disappearance of money. The study of finance is very complex because they are closely related to a host of factors such as microeconomics, macroeconomics, economic policy, psychology, sociology, culture, and other aspects which are of either affect or influence in the decisions made by human beings with regard to money. That is why in finance is not all laws, rules or parameters are universal, as each society, each population has different elements that influence and modify human behavior versus money.
