Business finance includes the procurement of funds and utilization of funds.
Finance may be defined as the art and science of managing money. It includes financial services and financial instruments.
Finance also is referred to as the provision of money at the time when it is needed. The finance function is the procurement of funds and their effective utilization in business concerns.
The concept of finance includes capital, funds, money, and amount. But each word is having unique meaning. Studying and understanding the concept of finance has become an important part of the business concern.