Commerce, Management and Economics - Accounting and Finance
Finance is a broad term that encompasses activities associated with banking, leverage or debt, credit, capital markets, money and investments. A financial investment is an asset in which money is put into with the aim that it will appreciate into a larger sum of money. The idea is to sell the asset later at a higher price in order to make a profit out of it or make money while owning it. Financial market is any marketplace, where the financial instruments are traded. A few of its examples are the stock market, bond market, foreign exchange market, and derivatives market. Financial management is the practice of strategic planning, organizing, directing, and controlling financial undertakings in an organization. The book is appropriate for students seeking detailed information in this field. It will provide comprehensive knowledge to the readers. The topics covered in this book offer the readers new insights in the field of finance.