How Financing works
Finance is the science of funds management. The general areas of finance are
business finance, personal finance, and public finance. Finance includes saving money and often includes lending money.
The field of finance deals with the concepts of time, money, and risk and how they are interrelated. It also deals with
how money is spent and budgeted.
One aspect of finance is through individuals and business organizations, which deposit money in a bank. The bank then lends
the money out to other individuals or corporations for consumption or investment, and charges interest on the loans.