Finance

                              Definitions   

Finance:

Finance is managing money and all things related to money.

In broad sense, Finance is a process of determining the total amount of fund for any purpose or activity, identifying the available sources from where the fund can be collected, calculating the cost of each alternative sources, collecting fund from the minimum cost source, ensuring protection of the fund and allocating the fund in such a way that maximizes the target of the concerned party. 

Financial Management:

Financial management is concerned with the efficient use of an economic resource, namely, capital funds.

Financial Markets: 

A financial market is a market where buyers and sellers trade commodities, financial securities, foreign exchange and derivatives of value at low transaction costs and at prices that are determined by market forces.







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