axle grease Australian slang for money, which greases the wheels of life, so to speak, helping things to run along more smoothly.
chicken feed Small change; a paltry or inconsequential amount of money. This American slang expression, which dates from 1836, is an allusion to the scraps and seeds fed to chickens.
fast buck Money acquired quickly and effortlessly, usually through illegal or unscrupulous methods. In this expression, buck carries the American slang meaning of dollar, making the origin of the term self-evident.
Trying to hustle me a fast buck. (A. Kober, New Yorker, January, 1949)
filthy lucre Money; money or other material goods acquired through unethical or dishonorable means, dirty money. This expression was first used in an epistle by St. Paul:
For there are many unruly and vain talkers and deceivers … who subvert whole houses, teaching things which they ought not, for filthy lucre’s sake. (Titus
Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
An entity which provides insurance is known as an insurer, insurance company, insurance carrier or underwriter. A person or entity who buys insurance is known as an insured or as a policyholder. The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer’s promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms, and usually involves something in which the insured has an insurable interest established by ownership, possession, or pre-existing relationship.
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Academic discipline studying businesses and investments
Finance is the study of money and how it is used. Specifically, it deals with the questions of how an individual, company or government acquires the money needed – called capital in the company context – and how they then spend or invest that money.
Core financial theories can largely be divided into the following categories: financial economics, mathematical finance and valuation.
In the context of institutions, finance is often split into the following major categories: investment management, corporate finance, personal finance and public finance.
At the same time, finance is about the overall “system”
– i.e. the financial markets that allow the flow of money, via investments and other financial instruments, between and within these areas;
this “flow” is facilitated by the financial services sector.
A major focus within finance is
Organization undertaking commercial, industrial, or professional activity
Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).[need quotation to verify] Simply put, it is “any activity or enterprise entered into for profit. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner’s personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
The term is