Question
In: Finance
Without using google or encyclopedia, in your own words write a definition for each: 1. Finance...
Without using google or encyclopedia, in your own words write a definition for each:
1. Finance
2. Bonds
3. Financial Assets
4. Financial Instruments
5. Securitized assets
Solutions
Expert Solution
Finance - It is a subject which deals with all the matters of procurement, management and study of money and investments related to an individual or an entity.
Bonds - It is a loan obtained by the borrower from the investor, agreed before with payment terms and interest.
Financial Assets - Assets which are non-physical in nature and have monetary value attached to them through contractual claim.
Financial Instruments - These are monetary instruments which are contracted between two or more parties and can be traded.
Securitized Assets - Assets which are formed by converting illiquid assets to financial instruments.
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