what is finance?
Answers were Sorted based on User's Feedback
Answer / shreeram
A Branch of economics concerned with resource allocation as
well as resource management acquisition and investment.
Simply finance deals with matters related to money and the
markets
OR
A commercial activity of providing funds and capital
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Answer / c.vijay prasad
finance is art & science of manging the money
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Answer / vaishali soni
finance is that type of resource which can fulfills the need of any one in terms of money. in other manner we can say that finance can be any source like currency, gold, bonds, shares by which one can meet his financial needs. finance surrounded only by the money.
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Answer / ajay
Finance is the set of activities dealing with the
management of funds. More specifically, it is the decision
of collection and use of funds. It is a branch of economics
that studies the management of money and other assets.
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Answer / khushi
finance is the life blood of an organisation..it involves managing of funds..it is how you utilize your money for different departments in the organisation ..it involves risk bearing and budgeting..
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Answer / mohammad sohail
Finance is the basic requrement for the firm because if u
want to run the business u need money for runing to ur
business these requirement fulfill by finance so we can say
that finance fulfil all necesary business activities which
related to money. Because u have planing , strategy,
policies for running the Business but without finance u
can't run ur business.
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Answer / arpit kulshreshth
Fianance is like blood of an organization . Fiance is
related all the thing related to money . There so many
things is ther like working capital is there the money
which is currently used in the sysytem . Capital structure
is there which is the combination of debt and equity . Then
finance is also for analysing position of the company that
is the company is doing well or not . No company wil be run
without the Fianance.............
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