Part 1 Flashcards
It is the study and management of money, assets, and investments to build wealth and achieve organizational goals
Finance
Ensures us to know what to do about cash
Financial Management
Interaction between fund providers
Financial Institutions and Markets
Encompasses the buying and selling of financial securities, etc…
Investments
Government revenues and expenditures
Public Finance
Management of an individual’s or household’s financial resources
Personal Finance
Management of funds and assets within a company
Business Finance
Charities, educational institutions, and environmental groups
Non-profit Finance
Responsible for allocating funds
Investment Decision
Must choose the best financing mix
Financing Decision
Balance the need for attracting investors and reflecting the company’s probability and growth potential
Dividend Policy
Private Banks (universal and rural)
Government-owned banks (Landbank)
Banking Institutions
Investment banks, insurance companies, credit unions, and pawnshops
Non-bank Financial Institutions
Acts as middlemen between those with excess funds and those in need of funds
Financial Intermediaries
It is where people trade financial securities and derivatives at low transaction costs.
Financial Markets
