Finance
From Open Risk Manual
Revision as of 15:45, 25 September 2021 by Wiki admin (talk | contribs) (Created page with "== Definition == '''Finance''' is a very broad term that aims to capture all human activity that revolves around economic transactions involving financial instruments such as...")
Definition
Finance is a very broad term that aims to capture all human activity that revolves around economic transactions involving financial instruments such as money and financial contracts.
Notes
- Financial activity may be Peer-to-Peer or intermediated
- Insurance activities are under some definitions included in Finance
- Financial activity includes both Banking and Financial Markets
