Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is the definition of finance in your own view?

user-image
Question added by Samuel Loveday , Management Accountant , Mopheth Nigeria Limited
Date Posted: 2015/06/23
Abdus Samad Abdul Majeed
by Abdus Samad Abdul Majeed , Branch Sales Manager , Ahmed Zainy For Electric and Air Conditioning Co. Ltd

Finance means controlling of all the monetary resources like cash, bank accounts, credits, bond and stocks in order to get the maximum safety and optimum higher returns by investment, business and trades.

Reem Banu
by Reem Banu , Senior Network Coordinator , Aafiya Medical Billing Services LLC

Finance means controlling and managing all monetary assets like cash, funds, loans, investments, stocks, bonds and utilizing for the economic benefit of the company

SYED KHAJA JAFFER H CHISHTY
by SYED KHAJA JAFFER H CHISHTY , Finance Manager , Lattice Semiconductor (Formerly Silicon Image India)

Finance is an act of managing funds there by maximizing the shareholders value and retaining right talent with right benefits.

Adnan Majed Hussain Al-Mashaalah
by Adnan Majed Hussain Al-Mashaalah , 0000 , MOE - Amman

finance is the  management of money, banking, investments, credit, and furthermore more, we can say (controlling of all the monetary resources)

Ruthesa Aguilar
by Ruthesa Aguilar , Executive Assistant/Office Manager to the Managing Directors , HRSource Consulting DMCC

Finance is about the complete control of payables, receivables, casflow, profit and loss, asset management and most importantly the analization of profit of loss of the company and from there the management will know the stand of the company on a monthly basis to annual basis.

Finance is just like a lifeblood of the business.Without  finance business is lake a fish out of water.The main and easy understanding of finance is """Maximization the Shareholder worth.""

Reema Jaradat
by Reema Jaradat , Protocol & Events Officer + Executive Admin , International Committee of the Red Cross ( ICRC)

Not to ​provide money (Cash) only, but also providing Knowledge, work Ethics,  experience , skills , time & extra effort & loyalty for the enterprise / Company for something to ​Happen 

Diya Nair
by Diya Nair , Client Service Representative “Managing enquires and overdraft investigation” , JP Morgan Chase

Finance is optimizing, managing, investing and keeping a track of your resources.

DEBASHIS MOHANTY
by DEBASHIS MOHANTY , Site Accountant , coramandel infrastructure

Finance is the language of business, it relates to establish , maintain, & extract monetary & economic benefits by doing a specific activity.

Waseem ahmad Buth
by Waseem ahmad Buth , Process executive , cognizant

The simplest definition of finance is just money used or raised to invest in any asset to earn some profit. The asset may be machinery, manpower, or management.

Aarya Deshpande
by Aarya Deshpande , BA4 Analyst , Barclays Shared Services

Finance basically is evaluation of all resources in monetary terms may it be labour, raw materials, any product, against the possible allocations of these resources to attain higher returns. Allocation of resources are determined based on the various criteria like ROI, payback period, price to book value ratio, eps, etc for projects and investments. Ultimate aim is to attain higher wealth for all stakeholders.

More Questions Like This