Finance studies and addresses the ways in which individuals, businesses and organizations raise, allocate and use monetary resources over time, taking into account the risks entailed in their projects. The term finance may thus incorporate any of the following:

• The study of money and other assets
• The management and control of those assets
• Profiling and managing project risks
• As a verb, "to finance" is to provide funds for business.

Examples of some basic financial concepts

---

The activity of finance is the application of a set of techniques that individuals and organizations (entities) use to manage their financial affairs, particularly the differences between income and expenditure and the risks of their investments.

An entity whose income exceeds its expenditure can lend or invest the excess income. On the other hand, an entity whose income is less than its expenditure can raise capital by borrowing or selling equity claims, decreasing its expenses, or increasing its income. The lender can find a borrower, a financial intermediary, such as a bank or buy notes or bonds in the bond market. The lender receives interest, the borrower pays a higher interest than the lender receives, and the financial intermediary pockets the difference.

More on [ Finance ]

Sports business commentary - Sports Biz - CNNMoney.com

The Boston Celtics' biggest comeback
Wed, 18 Jun 2008 08:00:09 -0400
What's the greatest comeback by this year's Boston Celtics, who won their first championship in 22 years with their victory Tuesday in Game 6 of the NBA Finals?
Why Big Brown can't save horse racing
Sat, 07 Jun 2008 15:30:48 -0400
Horse racing fans are likely to flock to Belmont Park in record numbers Saturday to see Big Brown take a shot at history.
Take me out to the recession
Fri, 11 Apr 2008 14:51:47 -0400
The continual flood of bad news about the economy has you looking for an escape.
Big dollars score in NCAA tourney
Sat, 05 Apr 2008 09:48:15 -0400
This might seem like the year of the evil stepsisters in the NCAA tournament. All four No. 1 seeds got a spot in the Final Four.
Big dollars score in NCAA tourney
Fri, 21 Mar 2008 13:46:42 -0400
You might think that Mount St. Mary's doesn't belong on the same basketball court with North Carolina in Friday night's NCAA match-up. But the small school from rural Maryland is a lot closer to the Tar Heels in talent than they are in earning power off the court.
Dale Jr.: The next Tiger...or A-Rod on wheels?
Sun, 17 Feb 2008 19:18:46 -0500
Expectations were never higher for a driver with a 62-race winless streak than they were for Dale Earnhardt Jr. at Sunday's Daytona 500.

SI.com

SI.com's team of experts make their picks for the 2008 campaign
Thu, 28 Aug 2008 18:24:24 -0400
SI.com's college football analysts make their predictions for the 2008 season: the national champ, breakout stars, BCS bowl pairings, surprise teams and more.
Colts' Dungy expects Manning to play in opener
Thu, 28 Aug 2008 23:43:59 -0400
Read full story for latest details.
Suspension for Broncos' Marshall cut to 1 game
Thu, 28 Aug 2008 21:16:03 -0400
Read full story for latest details.

ESPN.com

Fowler: Kicking off another wild ride
Chris Fowler Thu, 28 Aug 2008 14:59:45 -0700
While topping the 2007 season's roller coaster won't be easy, fasten your seat belts and get ready for another wild college football ride.
NFL reinstates suspended Pacman for Week 1
ESPN.com news services Thu, 28 Aug 2008 22:40:39 -0700
NFL commissioner Roger Goodell has informed the Cowboys that cornerback Adam "Pacman" Jones has been fully reinstated for Week 1.
Beckett scratched, plans visit with Andrews in Ala.
ESPN.com news services Thu, 28 Aug 2008 18:10:55 -0700
Josh Beckett has been scratched from a scheduled start again, and the Boston Red Sox ace plans to have his ailing right elbow examined by Dr. James Andrews in Alabama.

Subscribe to Sports RSS feed