financail managment by muneeb sada 2012

7/31/2019 Financail Managment by Muneeb Sada 2012

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Lecture by : Prof: Muneeb sada


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Before we begin, first lets understandthe origin of word FINANCE.


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The origin of word

FINANCE.

.


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The meaning of word

FINANCE.


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The meaning of word

FINANCE.


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The definition of word

FINANCE.

Finance is defined in numerous ways by

different groups of people.

Though it is difficult to give a perfectdefinition of Finance following selectedstatements will help you deduce ( arriveat) its broad meaning.


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FINANCE.

"Finance is the

management ofmoney and othervaluables, which can

be easily convertedinto cash."


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FINANCE.

"Finance is a simple task ofproviding the necessary funds

(money) required by thebusiness of entities likecompanies, firms, individualsand others on the terms that

are most favourable to achievetheir economic objectives."


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FINANCE.

"Finance is concerned

with cash. It is so,since, every businesstransaction involves

cash directly orindirectly."

According toEntrepreneurs,


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FINANCE.

"Finance is the procurement(to get, obtain) of funds and

effective (properly planned)utilisation of funds. It alsodeals with profits thatadequately compensate for

the cost and risks borne by thebusiness."

According toAcademicians,


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financail managment by muneeb sada 2012

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