Finance
hideFinance is the science of funds management. The general areas of finance are business finance, personal finance, and public finance. Finance includes saving money and often includes lending money. The field of finance deals with the concepts of time, money and risk and how they are interrelated. It also deals with how money is spent and budgeted.
Finance works most basically through individuals and business organizations depositing money in a bank. The bank then lends the money out to other individuals or corporations for consumption or investment, and charges interest on the loans.
Loans have become increasingly packaged for resale, meaning that an investor buys the loan (debt) from a bank or directly from a corporation. Bonds are debt sold directly to investors from corporations, while that investor can then hold the debt and collect the interest or sell the debt on a secondary market. Banks are the main facilitators of funding through the provision of credit, although private equity, mutual funds, hedge funds, and other organizations have become important as they invest in various forms of debt. Financial assets, known as investments, are financially managed with careful attention to financial risk management to control financial risk. Financial instruments allow many forms of securitized assets to be traded on securities exchanges such as stock exchanges, including debt such as bonds as well as equity in publicly-traded corporations.[dubious – discuss]
Central banks act as lenders of last resort and control the money supply, which affects the interest rates charged. As money supply increases, interest rates decrease.
For more information about Finance, read the full article at
Wikipedia.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
News tagged with financial
Women end up less happy than men
Medicine & Health / Psychology & Psychiatry
Jul 29, 2008 |
3.7 / 5 (41) |
18
Less able to achieve their life goals, women end up unhappier than men later in life – even though they start out happier, reveals new research by Anke Plagnol of the University of Cambridge, and University of Southern California ...
Gore, others urge CEOs to back climate change deal
May 24, 2009 |
4.4 / 5 (34) |
3
(AP) -- Climate-change heavyweights U.N. chief Ban Ki-moon and Nobel prize winner Al Gore urged more than 500 business leaders on Sunday to lend their corporate muscle to reaching a global deal on reducing ...
Intel settles AMD claims but isn't off the hook
Nov 12, 2009 |
4.3 / 5 (9) |
4
(AP) -- Intel Corp. is paying Silicon Valley rival Advanced Micro Devices Inc. $1.25 billion to squash a legal battle over Intel's sales tactics, a rift that led to antitrust charges against Intel in several ...
Installed cost of solar photovoltaic systems in the US fell in 2008
Oct 21, 2009 |
3.7 / 5 (10) |
0
Researchers at the Department of Energy's Lawrence Berkeley National Laboratory released a new study on the installed costs of solar photovoltaic (PV) power systems in the U.S., showing that the average cost ...
Does religion make a difference in politics?
Oct 27, 2008 |
3.9 / 5 (9) |
0
From Barack Obama's controversial pastor to Sarah Palin's "secret religion", religious values have continued to play a dominant role in the presidential election since John F. Kennedy became the first Catholic elected to ...
Power and the illusion of control: Why some make the impossible possible and others fall short
Medicine & Health / Psychology & Psychiatry
Mar 03, 2009 |
4.3 / 5 (8) |
7
Power holders often seem misguided in their actions. Leaders and commanders of warring nations regularly underestimate the costs in time, money, and human lives required for bringing home a victory. CEOs of Fortune 500 companies ...
Moderate pay best for job performance, study suggests
Nov 19, 2008 |
4 / 5 (8) |
1
(PhysOrg.com) -- Employers hoping to get the best out of employees with huge performance contingent payments may actually be helping them to do worse, suggests a new paper published by a team of researchers in behavioral ...
New business theory shows compensation plans can make or break a firm
Apr 15, 2009 |
2.9 / 5 (11) |
2
(PhysOrg.com) -- Greed has been blamed for most of Wall Street's woes and the banking sector's recent collapse, but two professors at Washington University in St. Louis say envy is really to blame. And, they warn, envy is ...
Saying sorry really does cost nothing
Sep 21, 2009 |
4.3 / 5 (7) |
4
(PhysOrg.com) -- Economists have finally proved what most of us have suspected for a long time - when it comes to apologising, talk is cheap. According to new research, firms that simply say sorry to disgruntled customers ...
Predicting politics: Professors model prediction markets
Jan 19, 2009 |
4 / 5 (6) |
1
Political prediction markets -- in which participants buy and sell "contracts" based on who they think will win an election -- accurately predicted Barack Obama's 2008 victory. Now Northwestern University researchers have ...
Financial instruments could be spiked with unfindable risks
Dec 21, 2009 |
4.8 / 5 (5) |
19
(PhysOrg.com) -- In a result that may have implications for financial regulation, researchers from computer science and economics have revealed potentially impenetrable problems with the pricing of financial ...
Full extent of financial crisis still not known, Purdue expert says
Oct 09, 2008 |
4.6 / 5 (5) |
0
(PhysOrg.com) -- The depth of the current financial crisis is unknown partly because most financial institutions don't disclose they are in trouble until after the fact, a Purdue University expert says.
Rich people don't need friends
Medicine & Health / Psychology & Psychiatry
Sep 16, 2009 |
3.8 / 5 (6) |
2
In a paper evaluated by f1000 Medicine, six studies tested relationships between reminders of money, social exclusion and physical pain.
'Credit Crunch' Will Hit Retirees in Unequal Ways
Oct 09, 2008 |
3.7 / 5 (6) |
0
(PhysOrg.com) -- How severely retirees will be affected by the continuing financial crisis and subsequent "credit crunch" depends to a considerable extent on the kinds of retirement plans they rely on for retirement income, ...
Avoiding social potholes on your career path
Other Sciences / Social Sciences
May 14, 2009 |
4.2 / 5 (5) |
0
In today's financial crisis, networking know-how is a necessity for finding jobs and business opportunities. But a series of new studies by Dr. Yuval Kalish of the Leon Recanati Graduate School of Business Administration ...
