The Enterprise and Economic Development Glossary

a resource of the .network library

finance:

... the act of supplying or allocating funds or monetary resources; controlled movement the funds of capital as investments or loans into the hands of management for the purposes of starting up, operating, and developing enterprises; the process of raising money in exchange for equity or debt; the business of managing wealth as capital through asset and credit manipulations, investment pursuits, and dealings with funding institutions. Banks and venture capitalists both readily come to mind when thinking of finance and development.
.

financial

... of, involving, or related to finance (see the definition of finance above). For example, a financial enterprise is any business undertaking that involves the organization and management of wealth as capital to be lend and/or invested for some profitable purpose. Approach a financial institution, such as a bank, for a loan and expect to be requested to present a financial statement. The financial institution is basic to capitalism. Also, there is financial risk to be considered with the mention of organizing and running an enterprise. Financial solvency is defined the ability to pay all just debts. For more about risk and solvency see: How To Analyze Your Business Using Financial Ratios ... resource paper by the Edward Lowe Foundation at www.esmalloffice.com.

Financing is the act of providing funds or venture capital during the enterprise development process ... the input of capital as an underwriting vehicle or the end result of a lending process. See the Investorwords.com definition of finance. Discussions here are tied to the commercial activity of providing funds and capital during the enterprise and economic development process. Arranging finance is sometimes within the purview of area and local development representatives ... sometimes coupled their incentive offers.

monetary resources:

... money or something convertible to money available for use when needed

See About Enterprise Development

definition of financing / definition of financial risk / what are financial ratios / define finance

go back