Today i decided to write something about the concept about Fiance. What is finance? To find out this question lets try to put some definition, likewise, Finance is the core topic of economics. Before 1890 Finance was the part of economics. But now a days it has its well distinction that apart from it to different branches.
So, Finance in a simple word, its an art of collecting fund and utilizing those fund efficiently and effectively. But it is narrow concept.
According to the prof Stevenson,
Broadly speaking, Finance is the analysis of think in advance and future fund for finding out the following questions:
So, Finance in a simple word, its an art of collecting fund and utilizing those fund efficiently and effectively. But it is narrow concept.
According to the prof Stevenson,
"Finance means the ways by which funds can be collected and management and distribute of the funds become possible."
Broadly speaking, Finance is the analysis of think in advance and future fund for finding out the following questions:
1. what to do?
2. how to do?
3. when to do?
