What is finance?

Finance is the floorboard of monetary financing. Mainly refers to all kinds of activities related to currency circulation and bank credit.

The main contents include: the issuance, delivery, circulation and withdrawal of money; The absorption and withdrawal of various deposits; Issuance and recovery of various loans; Bank accounting, cashier, transfer, settlement, insurance, investment, trust, leasing, exchange, discount, mortgage, securities trading and international trade and non-trade settlement, gold and silver trading, export, import, etc.

Extended data:

The characteristics of finance:

1, credit

Credit in economics is a form of commodity trading, which corresponds to spot trading (instant settlement trading).

Credit is the foundation of finance, and finance can best embody the principles and characteristics of credit. In the developed commodity economy, credit has been integrated with currency circulation.

2. The inherent characteristics of credit transactions.

A. One party transfers the ownership or part of the power of commodities (including currency) to the other party on the condition of repayment by the other party;

B there is a certain time difference between the first transfer of ownership or power of one party and the relative repayment of the other party;

C the party who delivers first needs to bear certain credit risks, and the occurrence of credit transactions is based on giving the other party trust.

3. In principle, finance must aim at money.

4. Financial transactions can occur among various economic sectors.

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