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Home > On Approaching Orbis Tertius: Open Humanities Press > Reader Comments > Financial

Financial

uangduit Asha Natha (2023-04-28)

Financial refers to anything related to the management, flow, and analysis of money or monetary resources within an individual, organization, or economy. It encompasses various activities, concepts, and instruments involved in the acquisition, allocation, and utilization of funds, as well as the evaluation of financial performance and risks.
In a broader sense, financial pertains to the study and practice of managing funds, investments, assets, liabilities, income, expenses, and financial transactions. It involves understanding and applying principles of finance to make informed decisions regarding saving, investing, borrowing, budgeting, and planning for short-term and long-term financial goals.
Financial matters encompass a wide range of areas, including personal finance, corporate finance, public finance, investment management, financial markets, banking, insurance, taxation, accounting, and economic analysis. The field of finance often involves analyzing financial statements, conducting financial forecasting and risk assessment, assessing investment opportunities, evaluating financial instruments, and implementing strategies to maximize financial growth and stability.