Traditional Culture Encyclopedia - Traditional virtues - What is finance and how to do it.
What is finance and how to do it.
Finance that is the money of money financing, is the currency circulation, credit activities and related economic behavior of the general term. Including the issuance and repatriation of currency, bank deposits and loans, the issuance and circulation of securities, foreign exchange trading, insurance and trust, domestic and international monetary payments and settlements.
Finance involves the financial subject, the financial object and the relationship between them. Financial subjects are people and units in financial activities, including investors and financiers; financial objects are financial commodities that people participate in transactions, including stocks, bonds, futures options and so on. The financial relationship is which people are eligible to issue stocks and other securities, which people are eligible to buy the corresponding financial products.
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