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Main types of finance and their definition


Finance:
Mainly finance means the management of money.

Finance: Management of money and includes activities such as investing, borrowing, lending, budgeting, saving and forecasting.

There are three types of finance.

1. Personal

2. Corporate

3. Public or government

Personal finance: Financial activities of an individuals or a household.

Public or government: Financial activities or management of govt or management of money of government.

Corporate finance: The capital structure of corporations to increase the value of firm to the shareholders use tools and analysis to allocate financial resources.

What is the goals of corporate finance? Corporate finance goals-

1. Capital budgeting

2. Working capital management

3. Maximize or increase primary goals or shareholders value

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