Finansija

Finansija is a term used in some languages, notably Latvian, to refer to the field of finance. Finance as a discipline broadly encompasses the study of money management and investment. It deals with how individuals, businesses, and governments acquire, manage, and spend their financial resources. Key areas within finance include personal finance, corporate finance, and public finance.

Personal finance focuses on an individual's or household's financial planning and management, including budgeting, saving, investing, and debt management. Corporate finance is concerned with the financial activities of companies, such as raising capital, making investment decisions, and managing risk. Public finance examines the role of government in the economy, including taxation, government spending, and debt management.

The study of finance also involves understanding financial markets and institutions, such as banks, stock exchanges, and insurance companies, which facilitate the flow of money and capital. Financial instruments, like stocks, bonds, and derivatives, are also central to the field, representing claims on assets or future income. Ultimately, finance aims to understand and optimize the allocation of resources over time under conditions of uncertainty.