Finance is a broad term encompassing the financial management, formation, and analysis of monies and investments. It is concerned with how money is invested in creating wealth and reduce losses through capital allocation. Financial experts use various strategies to analyze and evaluate the value of a company’s assets, liabilities, revenues, and expenses. This also helps them to make recommendations on how a firm can increase its productivity and profitability. Finance is the science that aids decision-making, management, investment, and allocation.