Part Of The Ultimate Guide to Financial Literacy Corporate Finance & Accounting

Financial Understanding money management and how needed funds are acquired

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Table of Contents     Types of Finance      Financial Services     What Are Financial Activities?

Finance is a broad term that describes activities associated with banking, leverage or debt, credit, capital markets, money, and investments.

Basically, finance represents money management and the process of acquiring needed funds.

Finance also encompasses the oversight, creation, and study of money, banking, credit, investments, assets, and liabilities that make up financial systems.

Many of the basic concepts in finance originate from micro and macroeconomic theories. One of the most fundamental theories is the time value of money, which essentially states that a dollar today is worth more than a dollar in the future.

Key Takeaways     Finance encompasses banking, leverage or debt, credit, capital markets, money, investments, and the creation and oversight of financial systems.    

Basic financial concepts are based on micro and macroeconomic theories.     

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