finance

(redirected from E-finance)
Also found in: Dictionary, Thesaurus, Financial.

finance,

theory and practice of conducting large public and private dealings in money. Important institutions of private finance include those that deal with insuranceinsurance
or assurance,
device for indemnifying or guaranteeing an individual against loss. Reimbursement is made from a fund to which many individuals exposed to the same risk have contributed certain specified amounts, called premiums.
..... Click the link for more information.
, bankingbanking,
primarily the business of dealing in money and instruments of credit. Banks were traditionally differentiated from other financial institutions by their principal functions of accepting deposits—subject to withdrawal or transfer by check—and of making loans.
..... Click the link for more information.
, stocks (see stockstock,
in finance, instrument certifying to shares in the ownership of a corporation. Bonds are similar evidences of shares in a loan to a corporation. Stock yields no dividends until claims of bondholders have been met.
..... Click the link for more information.
), bonds, and other securities. With the development of the national state, public finance—the management of the revenues, expenditures, and debts of the state—has been of great political, as well as economic, importance. The most important source of government revenue is taxes, but sale of public properties and franchises, as well as the sale of interest-bearing bonds, also contribute. Since the Korean War, a large part of governmental expenditures has gone for various military and defense needs. Other important areas of governmental expenditure are health, education, and welfare (the Social Security, Medicare, and Medicaid programs); interest on the national debt; and public works. Important institutions of international finance are the International Bank for Reconstruction and DevelopmentInternational Bank for Reconstruction and Development (IBRD)
(IBRD), independent specialized agency of the United Nations, with headquarters at Washington, D.C.; one of five closely associated development institutions (also including the International Center for Settlement of
..... Click the link for more information.
 and the International Monetary FundInternational Monetary Fund
(IMF), specialized agency of the United Nations, established in 1945. It was planned at the Bretton Woods Conference (1944), and its headquarters are in Washington, D.C.
..... Click the link for more information.
.

Bibliography

See D. Allen, Finance (1983); D. Swain, Managing Public Money (1987); L. Harris et al., ed., New Perspectives on the Financial System (1988); N. Gianaris, Contemporary Public Finance (1989).

Finance

See also Money.
Bourse
the Paris stock exchange. [Fr. Commerce: Misc.]
Dow Jones
the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]
Lombard Street
London bankers’ row; named for 13th-century Italian moneylenders. [Br. Hist.: Plumb, 15]
Old Lady of Threadneedle Street
nickname for the Bank of England. [Br. Culture: Misc.]
Praxidice
goddess of commerce. [Gk. Myth.: Kravitz, 88]
Rockefeller, John
D(avison) (1839–1937) multimillionaire oil tycoon and financier, [Am. Hist.: EB, VIII: 623]
Throgmorton Street
location of Stock Exchange; by extension, financial world. [Br. Hist.: Brewer Dictionary, 1079]
Wall Street N.Y.C.
financial district. [Am. Hist.: Jameson, 530]

finance

1. funds or the provision of funds
2. funds; financial condition
References in periodicals archive ?
E-finance in South Korea has evolved since the late 1980s when ICT started to be applied to the financial industry.
The credit card networks' 'convoluted settlement system' has led to 'higher social costs,' said Lee Byoung-mok, head of payment and settlement systems department at the e-finance planning team of the BOK.
As part of the deal, Sky telecom will develop in cooperation with e-finance, a model to connect over 20,000 trusted retail outlets to the platform, which will be exploited alongside e-finance's existing points of sale across Egypt.
BANGKOK, Feb 16, 2016 - (ACN Newswire) - SET-listed motorcycle leasing firm Group Lease PCL ("GL"; SET:GL) has announced that it is expanding its business model to include its pioneering e-Finance system across ASEAN, to drive revenues and profits to even greater heights.
The CREALOGIX Group focuses on the areas of e-finance and education.
Half of the customers manage their finances electronically with e-finance: 1.4 million users have made PostFinance the number one in Swiss online banking.
8 November 2011 - Polish e-finance company eCard (WAR:ECD) achieved a modest net profit of PLN64,000 (USD20,000/EUR15,000) in the third quarter of 2011 after two quarters of losses this year, daily Puls Biznesu said today.
9 November 2011 - Polish e-finance group eCard (WAR:ECD) booked net income of PLN64,000 (USD20,000/EUR15,000) for the three months to September, daily Puls Biznesu reported on Tuesday.
LIKE MANY COLLEGES AND universities, Pepperdine University ventured into the world of e-finance some years ago.
"Gemalto is pleased to deliver a state-of-the-art digital security solution which supports Mubasher's strategy to constantly enhance its e-finance offering," added CE[umlaut]dric Collomb, Senior Vice-President, Identity and Access Management at Gemalto.
This proven and world wide recognized PKI system delivers secure access, identification, audiorisation and digital signing for e-govemment e-finance, e-healthcare and e-business applications.