What are the two types of finance?

 

What are the two types of finance?

The finance function include the following two types which personal and corporate finance functions

The two types of finance

What are the two types of finance?

There are generally two main types of finance:

Personal Finance:

This involves managing money at an individual or household level. It includes budgeting, saving, investing, and planning for retirement or major expenses.

Corporate Finance:

This pertains to financial activities within businesses or organizations. It covers areas like financial planning, raising capital, managing assets, and making investment decisions to achieve the company's financial goals.
 

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What is finance function?

What is the meaning of finance