What do you mean by finance
Finance is a field that is concerned with the allocation of assets and liabilities over space and time, often under conditions of risk or uncertainty. Finance can also be defined as the art of money management.
Financing means asking any financial institution (bank, credit union, finance company) or another person to lend you money that you promise to repay at some point in the future. … In other words, financing is borrowing money with a promise to repay that money and some additional fee, or interest, over a period of time.
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