Preface to Finance
The term finance is used to define the management of money. It is what helps us understand how the wealth is distributed among individuals, companies and governments. There are three major types of finance Corporate finance, public finance and personal finance. If you want to get into more details about what finance is, a good online college finance tutor will be of immense help.
Corporate Finance- It deals with the wealth utilized by the businesses, shareholders and managers. Questions regarding the capital structure of corporations, actions of wealth by the manager and more fall under this category.
Personal Finance- The management of money of an individual is what this term covers. From their investments to savings, personal finance covers all of it.
Public Finance- The wealth of the masses, the economy run by the government and the way it is used by the government for the people make up public finance.
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