X - Learn the meaning of the financial term. (2024)

FAQs

What do you mean by the term finance answer? ›

Finance is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting.

Basic Financial Terms - Key takeaways

The basic financial terms include revenue, costs, profits and loss, the average rate of return, and break-even. Revenue is the total sales of a business's products or services, calculated by multiplying the price per unit by the number of units sold.

Short term is defined as current by accountants, so a current asset equals cash or an asset that will be converted into cash within a year. Inventory, for example, is converted into cash when items are sold to customers, and accounts receivable balances are converted into cash when a client pays an invoice.

Finance. Defined as the science and art of managing money. At the personal level, finance is concerned with individuals' decisions about how much of their earnings they spend, how much they save, and how they invest their savings.

Finance, of financing, is the process of raising funds or capital for any kind of expenditure. It is the process of channeling various funds in the form of credit, loans, or invested capital to those economic entities that most need them or can put them to the most productive use.

Term Financing means any indebtedness or facility for or in respect of money borrowed or raised and which is either perpetual or having an original maturity of not less than 365 days of (i) the Issuer (and which shall, for the avoidance of doubt, include without limitation the Existing Senior Secured Notes, the ...

Synonym Study

Financial, fiscal, monetary, pecuniary refer to matters concerned with money. Financial usually refers to money matters or transactions of some size or importance: a financial wizard. Fiscal is used especially in connection with government funds, or those of any organization: the end of the fiscal year.

Loan terms can have a couple of different meanings. On one hand, it can refer to how long you'll be paying off your loan. On the other, it also refers to the details of your loan (or terms and conditions), like your monthly payment amount, your due date, your interest rate and any other finance charges.

The mean is the average or the most common value in a collection of numbers. In statistics, it is a measure of central tendency of a probability distribution along median and mode. It is also referred to as an expected value. It is a statistical concept that carries a major significance in finance.

• Short term finance refers to financing needs for a small period normally less than a year. In businesses, it is also known as working capital financing. This type of financing is normally needed because of uneven flow of cash into the business, the seasonal pattern of business, etc.

What is the financial term for short? ›

"Shorting" or "going short" (and sometimes also "short selling") also refer more broadly to any transaction used by an investor to profit from the decline in price of a borrowed asset or financial instrument.

Accounting terminology is the language of accounting. It is used to describe accounting concepts and terms such as income, expenses, assets and liabilities etc. These concepts are all essential elements in understanding how accounting works. The basic accounting terms include: Assets.

When you're talking about finances, you're talking about money and things that are worth money: assets, stocks, funds, resources, etc. Finances is a fancy word for financial matters — in other words, things having to do with money.

Financial means relating to or involving money. The company is in financial difficulties. ... the government's financial advisers. Synonyms: economic, business, money, budgeting More Synonyms of financial.

Finance is an all-encompassing term that covers resource and money management for individuals, public institutions, and businesses.

This financing product provides a lump sum of money upfront that the borrower needs to repay over a fixed period with regular instalments. Unlike other financing options, term financing does not typically require borrowers to pledge collateral.

Sometimes we use the word “Its” instead of “title.” It is intended to designate what position the signer holds at the company, in order to give evidence that this person is authorized to sign on behalf of the company.

On the other hand, actuals are the reality of what a company has actually been able to achieve within a given time frame once a business has run its accounts. In short, a budget represents what it is thought a company can do, while actuals represent what has actually been done.