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Jul 16, 2019 |
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Finance

Finance is principally involved with borrowing and lending money. The niche offers infinite possibilities at different levels. Individuals, organizations, firms and governments need funds to run their business. A financial intermediary is vital for the transaction of funds. Banks act as intermediaries by lending money to the credible borrowers and acquire money as deposits from the lenders. The returns from business can be utilized for further investments. Money management also assumes equal importance in the field of finance. Financial accounting is unquestionably needed to assess the growth of investments and further management of funds. Find more about what finance and management can do.