Finance is position of money at the time of market. Finance is also management of the flows of money through an organization. Finance may be defined as that administrative function in an organization which relates with the arrangement of each and credit so that the organization may have the means to carry out the objectives as satisfactorily as possible. Financing consists in the raising, providing, managing of all the money, capital or funds of any kind to be used in connection with the business. An organism composed of a myriad of separate enterprise, each working for its won ends but simultaneously making a contribution to the system as a whole, some force is necessary to bring about direction and co-ordination. . Finance is said to be the circulatory system of the economy body, making possible the required cooperation between the innumerable units of activity
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