Finance

Thursday, March 28, 2013



Finance appears from Latin word “Finis” its mean “dealing with wealth”. Finance is called the art & science of directing coin.

On micro class, finance is the study of financial intention, asset management & fund increasing for business & financial organization.

And on macro class, finance is a study of financial organization & financial market & how they work within the financial way in both homeland & international economies.

According to Georgr R. Terry:-


At the end we can say from the above analysis that finance is system of financial planning, asset management, fund rising, seeking of fund, protection of fund, investment of fund & distribution of profit to the shareholder for archiving the goal of a business and financial institutions.

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