Published on April 22nd, 2014 | by Md Mehedi

Finance and Business Finance Definition

Definition of finance:

“Finance is concerned with the process institutions, markets and instruments involved in the transfer of money among individuals, business and governments.”

“Finance is concerned with a decision about money or more appropriately cash flows.”
Scott and Brigham

Definition of business finance:

“Financial management is concerned with acquisition, financing and management of assets with some overall goal in mind,”
James C Van Horne

“Business finance is concerned with the sources of funds available to enterprises of all sizes and the proper use of money or credit obtained from such sources.”
Professor Gloss and Baker

“Business finance is to planning, coordinating, controlling and implementing financial activities of the business institution.”
E.W Walker

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