what is the difination of finance?

  1. profile image47
    azahariwposted 7 years ago

    what is the difination of finance?

    1. what is the difination of finance?
    2. what is the meaning of "the art of finance"?
    3. what is the meaning of "the science of finance"?

  2. Sarah Masson profile image67
    Sarah Massonposted 7 years ago

    The definition of finance is: the money resourses, income, etc. of a nation, organization, or person/the managing or science of managing money matters

  3. quiet tracer profile image81
    quiet tracerposted 7 years ago

    Hi, finance is actually the term used to denote the cash that a person or company arranges to meet its needs. It is not an income that a person/company generates rather it's the cash or simply the sum of money that can be used to finance the individual's need.
    Art of finance, I think is the skill you use in the sense that how does an individual or a company manage it's project's pace with using it's finance effectively.
    The science of finance is simply the methodologies and the techniques developed by accountants to evaluate the effective management and raising of finance.