Finance

(redirected from Financial centres)
Also found in: Dictionary, Thesaurus, Encyclopedia.

Finance

A discipline concerned with determining value and making decisions. The finance function allocates resources, including the acquiring, investing, and managing of resources.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Finance

The study of money and how it is used. Finance considers the relationship of money to time and risk. One of the main subsets of finance is the study of credit and banking, as this involves money, time, and risk all together. Finance may deal with personal or corporate issues, such as how will an individual or company acquires the money needed to perform a certain act.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The QFC's WAIFC membership is a testament to its dedication to the highest international standards as well as commitment to working with international financial centres to further promote sustainable business growth globally, according to Sarah al-Dorani, chief marketing and communications officer, QFC.
"It is expected that this sector will add significantly to the diversity of the economy of the emirate within the next few years," said Saif Mohammad Al Hajeri, chairman of the Department of Economic Development, while speaking at the launch of 22nd edition of the Global Financial Centres Index in Abu Dhabi on Monday.
His Excellency Essa Kazim added: "The MoU lays the foundation for further fruitful cooperation between DIFC and NBK for the successful promotion of the Astana Financial Centre on both the regional and international level.
A panel also discussed the impact of increasing regulations on the competitiveness of financial centres, the role of financial centres in facilitating the growth of sustainable offshore Renminbi market, the redefinition of the IFC model for the new global economy and how to attract investments and stimulate growth in the current climate.
Organised annually by the Financial Times in partnership with the Dubai International Financial Centre (DIFC), the Summit brings together senior financial executives, corporate decision-makers and regulatory and government officials to discuss issues impacting financial centres around the world.
The financial centres will be opened in Sarasota, Jacksonville, Orlando and Bonita Springs in Florida, and in the Chicago and Detroit areas.
As part of DIFC's participation, Chirag Shah, Chief Strategy and Business Development Officer, Dubai International Financial Centre (DIFC) Authority, headlined a panel discussion on 'Competition and Collaboration between Global Financial Centres to Create Economic Growth'.
As part of DIFCEe's participation, Chirag Shah, Chief Strategy and Business Development Officer, Dubai International Financial Centre (DIFC) Authority, headlined a panel discussion on EeAaeCompetition and Collaboration between Global Financial Centres to Create Economic GrowthEe'.
Summary: The latest Global Financial Centres Index, GFCI 15, covering 83 financial centres published by the London based Z/Yen Group ranks Qatar as the top financial centre in the GCC
The World Bank places the 110-acre Dubai free zone sixth in the world's top international financial centres, behind only London, New York, Singapore, Hong Kong and Frankfurt.

Full browser ?