FINANCE

1.1INTRODUCTION
Finance is a field that is concerned with the allocation
of assets and liabilties over space and time,often under condition
of risk or uncertainity.Finance can also be defined as the art of
money management.Participants in the market aim to price assets
based on the risk level,fundamental value,and their expected rate
of return.

“Finance” is a board term that describes two related

activites : the study of how money is managed and the actual
process of acquiring needed fund .Because individuals ,business
and government entites all need funding to operate,the fielde is
often seperated into three categories: personal finance , corporate
finance , and public finance.

DEFINITION
Finance is defined in numerous ways by different group
of people. Through it is difficult to give perfect definition of
finance.
1.In General sense,
“Finance is the management of money and other
valuables , which can be easily converted into cash.”
2.According to Exports,