Briefly what is meant by finance?

Finance is the general term for the financing of money and funds. It mainly refers to various activities related to the circulation of money and banking credit. The main content includes: currency issuance, placement, circulation and back;

All kinds of deposit absorption and withdrawal; the issuance and recovery of various loans; bank accounting, cashier, transfer, settlement, insurance, investment, trust, leasing, exchange, discounting, mortgages, securities trading and international trade and non-trade settlements, gold and silver buying and selling, exporting, importing and so on.

Institutions engaged in financial activities are mainly banks, trust and investment companies, insurance companies, securities companies, investment funds, as well as credit unions, finance companies, financial asset management companies, postal savings institutions, financial leasing companies, as well as securities, gold and silver, foreign exchange exchanges.

Expanded:

The essence of finance is the circulation of value. There are many types of financial products, among which the main ones are banking, securities, insurance, trusts and so on. Finance involves a wide range of academic fields, including: accounting, finance, investment, banking, securities, insurance, trust and so on.

Finance is a kind of trading activity, and financial transaction itself does not create value, according to Mr. Chen Zhiwu, financial transaction is a way to realize the future income, that is, tomorrow's money to spend today.

The frequency of financial transactions is an important indicator reflecting the ability of a region, area, or even country to prosper economically. The traditional concept of finance is the study of the circulation of money and capital discipline. And the essence of modern finance is the process of capitalization of business activities.

Baidu Encyclopedia-Finance