FINANCE Definition

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FINANCE, dependent upon usage, is a. the management of money, credit, banking and/or investments; b. the commercial activity of providing funds and capital; c. the branch of economics that studies the management of money and other assets; or, d. to sell or provide on credit.

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NWC is Net Working Capital.

CARRYING VALUE, also known as "book value", it is a companys total assets minus intangible assets and liabilities, such as debt.

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