What is finance?
Understand the Problem
The question is asking for an explanation of what finance is, highlighting its systematic approach to managing money, its objectives, and underlying principles.
Answer
Finance is the study and management of money and investments.
Finance is the study and management of money, investments, and other instruments. It includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting.
Answer for screen readers
Finance is the study and management of money, investments, and other instruments. It includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting.
More Information
Finance encompasses personal finance, corporate finance, and public finance, and involves the management of monetary resources to support various activities and goals.
Sources
- What Does Finance Mean? Its History, Types, and Importance ... - investopedia.com
- Finance Definition - corporatefinanceinstitute.com
- Finance | Definition, Types, & Facts | Britannica Money - britannica.com
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