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[[Image:lighterstill.jpg]][[Image:Islamic-finance.jpg|right|frame]]
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==Origin==
[http://nordan.daynal.org/wiki/index.php?title=English#ca._1100-1500_.09THE_MIDDLE_ENGLISH_PERIOD Middle English], ending, payment, from Anglo-French, from finer to end, pay, from fin en
*[http://en.wikipedia.org/wiki/18th_century 1739]
==Definitions==
*1. The [[practice]] of manipulating and managing [[money]].
*1. The [[practice]] of manipulating and managing [[money]].
*2. The capital involved in a project, especially the capital that has to be raised to start a new [[business]].
*3. A loan of [[money]] for a particular [[purpose]], especially by a finance house.
*4. An academic [[discipline]] within the general field of [[economics]] dealing with funding, financial markets, and the funding implications for managing businesses.
==Description==
'''Finance''' (pronounced /fɪˈnænts/ or / ˈfaɪnænts/) 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]], [[risk]] and how they are interrelated. It also deals with how money is spent and [[budget]]ed.
One [[facet]] of finance is through [[individuals]] and [[business]] organizations, which deposit [[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 instruments sold to investors for [[organizations]] such as companies, governments or charities. The 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.
Central banks, such as the [http://en.wikipedia.org/wiki/Federal_Reserve_System Federal Reserve System] banks in the United States and [http://en.wikipedia.org/wiki/Bank_of_England Bank of England] in the United Kingdom, are strong players in public finance, acting as lenders of last resort as well as strong [[influences]] on monetary and credit conditions in the [[economy]].[http://en.wikipedia.org/wiki/Finance]
[[Category: General Reference]]
[[Category: Economics]]
