This module introduces key finance terminology to strengthen the learner's finance vocabulary. The learner is asked to identify two words from the readings and provide the conceptual definition from source material as well as their own understanding. Examples of terms defined are finance, financial management, financial markets, corporation, and equilibrium. The learner provides definitions from source texts and shares their own perspectives on what the terms mean to them in context.
This module introduces key finance terminology to strengthen the learner's finance vocabulary. The learner is asked to identify two words from the readings and provide the conceptual definition from source material as well as their own understanding. Examples of terms defined are finance, financial management, financial markets, corporation, and equilibrium. The learner provides definitions from source texts and shares their own perspectives on what the terms mean to them in context.
This module introduces key finance terminology to strengthen the learner's finance vocabulary. The learner is asked to identify two words from the readings and provide the conceptual definition from source material as well as their own understanding. Examples of terms defined are finance, financial management, financial markets, corporation, and equilibrium. The learner provides definitions from source texts and shares their own perspectives on what the terms mean to them in context.
Rationale This module introduces you to many terminologies in Finance. This is aimed at strengthening your Finance vocabulary as you journey to learning one of the cornerstones of the enterprise. Directions: Identify at least TWO WORDS that you learn from the readings and provide a definition for it based on (1) how it is defined by an author/author (conceptual meaning); and, (2) how you have understood it.
Word Conceptual Meaning My Takes
1. Finance Webster’s Dictionary - For me, my definition of - “The system that includes Finance represents money the circulation of money, the management and the process granting of credit, the of acquiring needed funds, making of investments, and and associate with banking, the provision of banking leverage or debt. facilities.” 2. Financial According to Essentials of - In my opinion, Financial Management Financial Management Book Management is means by Brigham E.F. et.al. planning, organizing, directing - “Focuses on decisions and controlling the financial relating to how much, and activities such as what types of assets to procurement and utilization of acquire, how to raise the funds of the enterprise. It capital needed to purchase means applying general assets, and how to run the management principles to firm so as to as to maximize financial resources of the its value.” enterprise. 3. Financial Markets According to Essentials of - In my own context, the Financial Management Book Financial Markets, from the by Brigham E.F. et.al. name itself, are a type of - “People and organizations marketplace that provides an wanting to borrow money avenue for the sale and are brought together with purchase of assets such as those who have surplus bonds, stocks, foreign funds.” exchange, and derivatives. 4. Corporation According to Essentials of - In my own understanding, Financial Management Book Corporation, is a single entity by Brigham E.F. et.al. which may be comprised of - “Is a legal entity created by individuals or a company, but a state, and it is separate is separate from its owners. distinct from its owners and managers, having unlimited life, easy transferability of ownership, and limited liability.” 5. Equilibrium According to Essentials of - For me, Equilibrium is a Financial Management Book situation in which economic by Brigham E.F. et.al. forces such as supply and - “The situation in which the demand are balanced. actual market price equals, the intrinsic value, so investors are indifferent between buying and selling a stock.”