• INSTRUMENTS OF BUSINESS FINANCE
    ECONOMICS

    INSTRUMENTS OF BUSINESS FINANCE

    Instrument of business finance also called Financial Instrument is a physical or electronic document that has intrinsic monetary value or transfers value. For example, cash is a financial instrument. Listed and unlisted securities, loans, insurance policies, interests ina partnership, and precious metals are also financial instruments. A contractual obligation is also a financial instrument as a deed that records home ownership.   SOURCES OF FUND FOR BUSINESS Funding is the act of providing resources, usually in form of money (financing), or other values such as effort or time (Sweat equity), for a project, a person, a business, or any other private or public institutions. The process of soliciting and gathering…

error: Content is protected !!