Finance is the management of large amounts of money, especially by governments or large companies. It is the medium of providing funds for a person or an enterprise.The science that describes the management, creation and study of money, banking, credit, investments, assets and liabilities. Finance consists of financial systems, which include the public, private and government spaces, and the study of finance and financial instruments, which can relate to countless assets and liabilities. Some prefer to divide finance into three distinct categories: public finance, corporate finance and personal finance. All three of which would contain many sub-categories.
Last date updated on June, 2014