Definition of Financ1
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Definition of Finance Finance is defined in numerous ways by different groups of people. Though it is difficult to give a perfect definition of Finance following selected statements will help you deduce its broad me aning. Types of Financing There are two main sources of finance: • Equity Financing - money invested into your business in exchange for a share in its ownership. • Debt Financing - usually in the form of a loan where the principal amount borrowed and interest accumulated on the loan needs to be paid.
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