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An Overview on Money

29 April, 2015 - 15:03

Money is the underlying concept of finance which is an abstract unit form of a resource. Finance studies and addresses the ways in which individuals and organizations raise, allocate, and use monetary resources over time while taking into account risk. Since we are dealing with modern times, these monetary resources refer to money as we know it. Before getting into the principles of finance one must have an understanding of money and its origins.