fayns
क्या होता है इसी कीमती क्यों माना गया है
Answers
Answer: Finance is when we grant or give some funds and manage the funds for some individual, business, and government. Moreover, It includes distributing the money and managing the finances for someone or lending the funds. It is a general term, which is defining two activities all together at the same time.
Firstly, it’s the study of managing money. And secondly, it’s the actual process of the funds required by some individual or business to get their work or business to grow.
Or we can say that it is a field dealing with capital funds and credit funds invested in the business. It can be defined as planning, raising, managing, and controlling all the business’s money.
In simple words, finance is the management of money, including investing, renting, saving, lending, budgeting, etc.
It is not just about shifting money. But it is more about the management or control of money, i.e., how well are we managing the funds because our main motive is to develop the business with a little expense possible.
In business, a finance team’s work ensures that the company has sufficient resources to work in the best way possible and maximize productivity.
And also to check that the fortune which company has invested is used for the right purpose. And the company’s expenses and wealth are well managed.
What Are The Different Types Of Finance:
There are mainly three types: –
Corporate (Business)
Personal
Public (Government)