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Glossary Of Financial Terms(F)

Financial accounting

Financial accounting can be simply meant as the preparation of financial statements over various periods. It deals in the preparatory process of annual trading, both losses and profits and balance sheets.

Financial security

Financial security involves a contract, which the issuer of the security is to pay to the investor. Financial securities include shares, stocks, bill of exchanges and some others.

Financial system

The financial system can be defined as a device of organizing the financial institutions such as commercial banks, money market, and stock exchanges. These organizations generally deal in deposits, stocks, shares and treasury bills.

Financial year

Financial year generally refers to an accounting period. The financial year is used for the accounting purposes.

Funding

Simply the term funding can be defined as the process of providing the capitals (funds) to a project, person or to an institution.
Sometimes the term funding is also used as an instrument for monetary policy by the Government.



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