financial management
Controlling monetary resources
Financial management is the planning, organizing, and controlling of money and financial resources.
In business, it covers budgeting, investing, and managing cash flow to maximize value: The company's financial management kept them profitable through the recession.
Personal financial management involves budgeting, saving, and debt control.
The term implies strategic oversight rather than simple bookkeeping.
Maintaining financial records
Distribution of shares
- forecastingEstimating future conditions
- expensesMoney spent on things
- cashflowNet money movement
- revenueBusiness income total
deficit · surplus · variance · planning · projection · fiscal · costs · expenditure
Business income total
- earningsMoney gained from work
- net incomeProfit after all deductions
- gross marginProfit from direct costs
- return on investmentProfit relative to cost
operating profit · profit margin · bottom line · markup · cash flow · turnover · monetization · break-even
Place for safekeeping
- nest eggSaved money for later
- reserveSupply kept back
- piggy bankCoin-slot savings container
- rainy day fundMoney saved for emergencies
emergency fund · retirement · frugality · endowment · escrow · safety net · compound interest · high-yield
Ownership stakes or inventory
- bondsTies that unite
- portfolioCollected works or assets
- diversificationExpanding into varied areas
- equitiesOwnership stakes in corporations
mutual funds · securities · asset allocation · retirement planning · capital gains · dividends · market analysis · risk assessment
accounting
Maintaining financial records
- economicsScience of resource allocation
- valuationAssessment of monetary worth
- MBAGraduate degree in commerce
CFA · certification · curriculum · textbook · coursework
allocation
Distribution of shares
- forecastingEstimating future conditions
- expensesMoney spent on things
- cashflowNet money movement
revenue · deficit · surplus · variance · planning · projection · fiscal · costs · expenditure · capital
revenue
Business income total
- earningsMoney gained from work
- net incomeProfit after all deductions
- gross marginProfit from direct costs
return on investment · operating profit · profit margin · bottom line · markup · cash flow · turnover · monetization · break-even · loss prevention
deposit
Place for safekeeping
- nest eggSaved money for later
- reserveSupply kept back
- piggy bankCoin-slot savings container
rainy day fund · emergency fund · retirement · frugality · endowment · escrow · safety net · compound interest · high-yield · liquidity
stocks
Ownership stakes or inventory
- bondsTies that unite
- portfolioCollected works or assets
- diversificationExpanding into varied areas
equities · mutual funds · securities · asset allocation · retirement planning · capital gains · dividends · market analysis · risk assessment · trading
- corporate financecost of capital, investment, capital markets, NPV, shareholder
- local financecouncil tax, community banks, budgets, regional banks, state bonds
- public financestreasury bonds, treasury notes, exchequer, public funds, public accounts
- managementmanagers, executives, boss, supervisors, directors
- budgetingbudget, budgets, budget app, budget template, budget allocation
- accountingbookkeeping, ledger, balance sheet, general ledger, accounts payable
financial managementfinancial mismanagement
Improper handling of funds
financial managementbookkeeping
Recording financial transactions systematically
recordkeeping · bean counting · data entry · record-keeping · number crunching
financial managementembezzlement
Fraudulent taking of entrusted assets
financial fraud · asset stripping · looting · misappropriation · plundering
manage, finance, management, finances, financial, financing, financed, financier, managerial