Finance is the study of how investors
allocate their assets over time under conditions of certainty and
uncertainty. A key point in finance, which affects decisions, is the
time value of money, which states that a unit of currency today is worth
more than the same unit of currency tomorrow.
Finance aims to price assets based on
their risk level, and expected rate of return. Finance can be broken
into three different sub categories: public finance, corporate finance
and personal finance.
Areas of finance
Personal finance
Corporate finance
Financial services
Public finance
Capital
Capital, in the financial sense, is the
money that gives the business the power to buy goods to be used in the
production of other goods or the offering of a service. (The capital has
two types of resources Equity and Debt)
Financial theory
Financial economics
Financial mathematics
Experimental finance
Behavioral finance
Intangible asset finance
