Traditional Culture Encyclopedia - Traditional festivals - What is the meaning of finance
What is the meaning of finance
Generally refers to all activities related to the circulation of money and banking credit. Such as currency issuance, circulation, and repatriation, credit activities such as deposits, withdrawals, granting and recovering loans, and domestic and foreign exchange exchanges and transactions, all of which fall within the scope of finance.
Finance is also a general term for the financing of monetary funds, which can be summarized as the issuance and repatriation of currency, the absorption and payment of deposits, and the issuance and recovery of loans.
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.
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