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Finance is the science of funds management. The general areas of finance are business finance, personal finance, and public finance. Finance includes saving money and often includes lending money. The field of finance deals with the concepts of time, money, and risk and how they are interrelated. It also deals with how money is spent and budgeted. One aspect of finance is through individuals and business organizations, which deposit money in a bank. The bank then lends the money out to other individuals or corporations for consumption or investment, and charges interest on the loans. Loans have become increasingly packaged for resale, meaning that an investor buys the loan (debt) from a bank or directly from a corporation. Bonds are debt instruments sold to investors for organizations such as companies, governments or charities. The investor can then hold the debt and collect the interest or sell the debt on a secondary market. Banks are the main facilitators of funding through the provision of credit, although private equity, mutual funds, hedge funds, and other organizations have become important as they invest in various forms of debt. Financial assets, known as investments, are financially managed with careful attention to financial risk management to control financial risk. Financial instruments allow many forms of securitized assets to be traded on securities exchanges such as stock exchanges, including debt such as bonds as well as equity in publicly traded corporations. Central banks, such as the Federal Reserve System banks in the United States and Bank of England in the United Kingdom, are strong players in public finance, acting as lenders of last resort as well as strong influences on monetary and credit conditions in the economy. From Wikipedia under the
GNU Free Documentation License What banks can finance a single family residence under 600 square feet? Q. Hello. I am attempting to buy a foreclosure in San Diego that is a single family residence with a total square footage of 528. I was told it is difficult for banks to finance anything under 600 square feet. The house is in good shape but its tiny. I need financing asap since the bank already accepted my offer. Thanks. Asked by maganda - Wed Jul 9 02:29:05 2008 - - 3 Answers - 0 Comments A. Are you working with a Realtor? Ask them to suggest someone. If not, Find a Mortgage Broker/Banker who can shop the market for you and find an investor who will finance you. If you cant find anyone, I hope you made the offer contingent on you finding financing, if not, you are out of your earnest money when you back out. Good Luck! Answered by dogaling - Wed Jul 9 02:41:42 2008 How does islamic finance /mortgage actually work in plain english please? Q. I dont understand finance at the best of times and this is even more confusing. So basically you are still paying the interest, its just dressed up. Interest is interest just cos you put halal/islamic infront of it doesnt make it all right. Asked by suga UK - Tue Apr 21 11:39:58 2009 - - 5 Answers - 0 Comments A. Well in western banks...you borrow the money and pay it back with interest...but what you buy with it is yours. In the islamic banks...based on the length of your payments...the banks figure out how much interst you would have paid. Then they then buy the house...they tack on the estimated interest to the price they bought it for...then sell it back to you at that price. So lets say you wanted to buy a house for 100,000$. Pay it back over 10 years...lets say the interest would have added up to another 100,000. So they sell the house to you for $200,000...and you make payments...you never own the property until you pay it off though. They don't give you any money...so its not a loan...its "trade". I heard that's changing… [cont.] Answered by My name is not bruce - Tue Apr 21 15:56:32 2009 How quickly can I finance a car after my bankruptcy is discharged?
Q. We are filing a Chapter 7 bankruptcy, and it is due to be discharged by May. How long after that can we finance a car for a decent rate? Asked by Chelsea B - Wed Mar 12 19:04:44 2008 - - 3 Answers - 1 Comments A. "a decent rate"? Good luck. Here's how you get out of your mess, and into a better car. STEP 1: You're broke right now; buy a broke person's car for right now. I just did a search on Yahoo Autos, for: 1) Cars within 50 miles of Los Angeles 2) Asking price between $1 and $2,000 3) Mileage of more than 10,000 I found 142 cars listed. After sorting by mileage, the one in the middle is a 1997 Dodge Neon with 140,000 miles asking $1,000. --- STEP 2: Take the $400/mo you were planning on paying for car payments, and put it in the bank instead. --- STEP 3: March 2009: After 12 months, you'll have $4800 in the bank. Trade in your $1,000 beater for a $5,500 car. Another Yahoo search: 1) 50 miles of LA 2) 10,000+ miles 3) Price between $ [cont.] Answered by Jeff - Wed Mar 12 19:44:54 2008 From Yahoo Answer Search: "Finance"
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 bloomberg.com Tue, 27 Jul 2010 12:32:49 GMT+00:00 Rules Bloomberg Photographer: Alex Wong/Getty Images US Senate Democrats today will try to force a vote on campaign finance disclosure rules after President Barack Obama ... Democrats Push to Change Senate Filibuster Rules CBS News bloomberg.com Tue, 27 Jul 2010 14:49:28 GMT+00:00 Bloomberg Haim Shani, director general of Israel's finance ministrry during an interview in New York. ... Israel tries to lure major banks to expand its R&D Jewish Telegraphic Agency  bernama.com Wed, 28 Jul 2010 10:20:08 GMT+00:00 Bernama kuala lumpur, July 28 (Bernama) -- Share prices on Bursa Malaysia closed higher Wednesday, lifted by gains in finance -related stock such as CIMB Group, ... From Google News Search: "Finance"  sprattiart.com 370px x 540px | 49.30kB [source page] Staff Group Caricatures Spratti caricatures make ideal business gifts  myfinancepoint.co.uk 337px x 505px | 25.30kB [source page] just increases his depression and makes him disheartened At that time consumer credit counseling takes part in ending the problems by providing the consumer best solution and services It gives confidence to a depressed person who is willing to do anything to clear all his liabilities and monetary assessment It helps the consumer very easily by notifying them about their  histoire-memoires.com 800px x 537px | 82.80kB [source page] http www histoire memoires com img collaboration revue gergovie gergovie lvf petain jpg http www histoire memoires com img collaboration beraud beraud angleterre esclavage jpg http www histoire memoires com img collaboration cathala cathala finance occupation jpg http www histoire memoires com img collaboration rebatet rebatet deux etandards dos jpg From Yahoo Image Search: "Finance"  blogs.abcnews.com ABCNews.com Mon, 26 Jul 2010 19:56:37 GM President Obama today called on the Senate to pass the disclose act -- the bill designed to reverse the Citizens United Supreme Court decision, allowing corporations to spend as much money as they want on elections.  hedgeyeblog.com keith Mon, 26 Jul 2010 22:15:17 GM My job is to make sure we can borrow to . finance. . -Timothy Geithner, July 25, 2010That's what US Treasury Secretary Timmy Geithner told Meet The Press host David Gregory yesterday. Timmy has already told us that he isn't an economist.  dailyfinance.com Gil Rudawsky Fri, 23 Jul 2010 13:00:00 GM Banks aren't too big to fail, taxpayers shouldn't have to shoulder bad decisions by corporate America, and consumers need protections from investment houses looking to boost their bottom lines, according to a US Treasury official. From Google Blog Search: "Finance" |
Center for Latin American Monetary Studies