finance

(redirected from financial)
Also found in: Dictionary, Thesaurus, Financial, Acronyms, Wikipedia.
Related to financial: financial aid

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 ?
Integration, the third stage of money laundering, represents the conversion of illegal proceeds into apparently legitimate business earnings through normal financial or commercial operations.
The institution's discount rate initially spiked to the mid-50s, but after financial stability was achieved, it has been systematically brought down to the low 40s, while simultaneously balancing other important enrollment goals.
Thus, for financial aid purposes, (1) planning strategies are most effective if implemented at least two calendar years before the date of anticipated college entry (i.e., generally when a child is 16); (2) assets and/or income held and/or earned by students are treated less favorably than if held and/or earned by parents; and (3) assessments calculated at a marginal financial aid assessment rate have a similar wealth-reducing effect as income taxes calculated at a marginal income tax rate.
For financial executives considering IR as a potential career path, it is important to review the evolution of investor relations in recent years and the inherent opportunities and challenges.
"No one knows better than CPAs about what a huge problem financial illiteracy is--it is rampant throughout our state and our country," said Mitchell Freedman, CPA/PFS, a founder and chair of the California Jump$tart Coalition and a member of CalCPA's Financial Literacy Committee.
"Initial discussion with your financial planner might include conversation about their scope of services, fees and licenses," Smith says.
Until you're exposed to financial planning, you just don't know."
Knight and his chairman of the Board of Governors, Dutch central bank Governor Nout Wellink, not only acted to please the delegates from central banks, financial institutions, and guests from the international banking and financial communities.
45, Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions, as applicable.

Full browser ?