finance

Back with money

Finance is the management of money—how individuals, businesses, and governments raise it, spend it, invest it, and account for it.

The field encompasses banking, investing, lending, and budgeting.

As a verb, to finance something is to provide the money for it: We financed the car over five years.

Personal finance concerns individual money management; corporate finance deals with business capital decisions.

banking

bank

Place holding deposits

withdrawal · account · interest · credit · debit · teller · ATM · branch · overdraft · cheque

personal

savings

Accumulated money kept

401k · IRA · pension · debt · credit score · insurance · tax return · will · estate planning · college fund

investing

stock

Goods kept for sale

equity · securities · broker · trading · shares · mutual fund · hedge fund · derivatives · commodities · futures

wealth

assets

Owned items of value

prosperity · inheritance · estate · portfolio · millionaire · billionaire · tycoon · magnate · trust fund · endowment

economics

inflation

Sustained price level increase

monetary policy · fiscal policy · interest rates · macroeconomics · microeconomics · supply and demand · trade · exchange rate · central bank · Federal Reserve

accounting

accountant

Financial records keeper

  • bookkeepingRecording financial transactions systematically
  • ledgerFinancial record book
  • auditFormal accounts examination

CPA · reconciliation · controller · accounts receivable · accounts payable · balance sheet · depreciation · amortization · accrual · journal entry

budgeting

budget

Plan for spending

forecasting · allocation · spreadsheet · costs · cashflow · surplus · deficit · tracking · variance · estimates

Categories
Opposites
funding action

financedefund

Remove financial support

divest · defunding · disendow · refuse · discourage

economic system

financebarter

Direct goods-for-goods exchange

subsistence · gift economy · subsist · self-sufficiency · direct exchange

resource flow direction

financereceive

Accept something offered

take · draw · collect

Phrases
Family

finances, financial, financing, financed, financier, financially, financiers, refinance, nonfinancial

Familiarity
Top 20,000
Profile
Known to kids · Used worldwide · Timeless · Abstract · Everyday, not technical · Rated G