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Verona, Italy

University of Verona

Banking and Finance

Banca e Finanza

Master's

Language: Italian Studies in Italian

Subject area: economy and administration

University website: www.univr.it

Finance

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.

Wikipedia

Finance

The real reason that physicians are rotten investors is that it never occurs to them that finance is a science, just like medicine.

William J. Bernstein The Four Pillars of Investing (2002), Introduction, p. ix.

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Banking

Since those who rule in the city do so because they own a lot, I suppose they're unwilling to enact laws to prevent young people who've had no discipline from spending and wasting their wealth, so that by making loans to them, secured by the young people's property, and then calling those loans in, they themselves become even richer and more honored.

Plato, The Republic, 555c, G. Grube and C. Reeve, trans., Plato: Complete Works (1997), p. 1166.

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Banking

Commercial banks create checkbook money whenever they grant a loan, simply by adding new deposit dollars in accounts on their books in exchange for a borrower's IOU.

Federal Reserve Bank of New York; Friedman, David H. (1977). I Bet You Thought.... p. 19. OCLC 5356154.

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