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Term of the Day: Finance

Finance n

1
pl

: money or other liquid resources of a government, business, group, or individual
2 : the system that includes the circulation of money, the granting of credit, the making of investments, and the provision of banking facilities
3 : the science or study of the management of funds
4 : the obtaining of funds or capital
: financing
vt fi·nanced
fi·nanc·ing
1 a : to raise or provide funds or capital for [ a takeover]
b : to furnish with necessary funds
2 : to sell something to on credit


Source: Merriam-Webster's Dictionary of Law ©1996. Merriam-Webster, Incorporated. Published under license with Merriam-Webster, Incorporated.

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