The Enterprise and Economic Development Glossary 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. ... 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. ... money or something convertible to money available for use when needed See About Enterprise Development
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12/10/2009 |