How do you define Finance?

The easiest way to define finance is by providing examples of the activities it includes. There are many different career paths and jobs that perform a wide range of finance activities. Below is a list of the most common examples: Investing personal money in stocks, bonds, or guaranteed investment certificates (GICs)

What does APY mean in banking?

APY is short for "aannual percentage yield." Almost all savings accounts, and some checking accounts, have one. The higher it is, the faster your money grows. It’s an important term to know for anyone focused on saving more money. What does APY mean? APY refers to the amount of money, or interest, you earn on a bank account over one year.

What are the different types of financial concepts?

Basic financial concepts are based on microeconomic and macroeconomic theories. The finance field includes three main subcategories: personal finance, corporate finance, and public (government) finance. Consumers and businesses use financial services to acquire financial goods and achieve financial goals.

What is corporate financing?

Corporate financing includes the activities involved with a corporation's financing, investment, and capital budgeting decisions. Corporate finance also involves sourcing capital in the form of debt or equity.