Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
Time is the indefinite continued progress of existence and events that occur in apparently irreversible succession from the past through the present to the future. Time is a component quantity of various measurements used to sequence events, to compare the duration of events or the intervals between them, and to quantify rates of change of quantities in material reality or in the conscious experience. Time is often referred to as a fourth dimension, along with three spatial dimensions.
Minutes, hours, days, months, and years, Pass'd over to the end they were created, Would bring white hairs unto a quiet grave. Ah, what a life were this!
William Shakespeare, Henry VI, Part III (c. 1591), Act II, scene 5, line 35
I consider time as flowing or increasing by continual flux & other quantities as increasing continually in time & from ye fluxion of time I give the name of fluxions to the velocitys wth wch all other quantities increase. ...I expose time by any quantity flowing uniformly and represent its fluxion by an unit, & the fluxions of other quantities I represent by any other fit symbols... This Method is derived immediately from Nature her self.
Isaac Newton, draft review of Commercium epistolicum (1712) The Mathematical Papers of Isaac Newton (1969) Vol. 3, ed. D. T. Whiteside, p. 17.
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