Every nation has a monetary system and a monetary authority. In the US, Federal Reserve Bank is the reserve authority. Here are some of the terms used used in such system

Any Plan is a projected course of action for the future. A plan that involves the estimation of the requirement of the funds in future and decides how these funds are to be utilized at the future time is known as financial planning

This post is entirely dedicated to dicussing the definition of 'finance'.Below are the five definitions of finance.