meaning of finance?

Answer 1

Finance
Definition 1
A branch of economics concerned with resource allocation as well as resource management, acquisition and investment. Simply, finance deals with matters related to money and the markets.

Definition 2
To raise money through the issuance and sale of debt and/or equity.

For e.g. a company that needs financing may issue shares or it may obtain a loan from a bank. On a smaller scale, you would say that your dad is financing your education as he pays your school fees.

Corporate Finance
A specific definition: "corporate finance" deals with the financial decisions made by corporations, which are made with the goal of maximizing the value of the corporation while minimizing risk. In essence, the term is used to describe the fundraising and investing activities of a corporation.

More broadly, "corporate finance" is used to refer to all the financial activities of a corporation. This profile uses the broader definition of the phrase; in other words, for our purposes, corporate finance refers to the more day-to-day accounting activities of a business, like accounts payable and accounts receivable, as well as the higher-level strategic financial analysis.

Corporate finance and accounting professionals are responsible for managing a business's money—forecasting where it will come from, knowing where it is, and helping its managers decide how to spend it in ways that will ensure the greatest return.

A company's size, complexity, industry, and stage of development (e.g., startup or established business) determine its corporate finance department's specific responsibilities. All companies need to balance their books. But some large technology companies, for example, also need to hire financial experts to valuate potential acquisitions. Others (e.g., insurance companies) have hundreds of millions of dollars to invest and need financial wizards to manage that money.