How do you define business finance?
Meaning of Business Finance
It refers to the corpus of funds and credit employed in a business.
Business finance is required for purchasing assets, goods, raw materials and for performing all other economic activities.
Precisely, it is required for running all the business operations.6 days ago.
Types of business finance
According to the Guthumann and Dougall, Business finance can broadly be. defined. as the activity concerned with planning, raising, controlling, administering of the. funds. used in the business..
What is business finance according to Bo Wheeler?
According to B.O.
Wheeler Meaning of Business Finance includes those business activities that are concerned with the acquisition and conservation of capital funds in meeting the financial needs and overall objectives of a business enterprise.”.
What is finance according to different authors?
Definition of Finance by Different Authors: The first one says, “Finance is the money resources, income, etc. of a nation, organization, or person.” The latter one is “Managing or science of managing money matters, credit, etc.” Khan and Jain, define finance as the art and science of managing money..
What is the definition of finance by different authors?
Definition of Finance by Different Authors: The first one says, “Finance is the money resources, income, etc. of a nation, organization, or person.” The latter one is “Managing or science of managing money matters, credit, etc.” Khan and Jain, define finance as the art and science of managing money..