Tuesday, June 15, 2010

Finance Word history

The term finance comes from the Latin "finis", which means end or finish. The finances have their origin in the completion of a transaction with the transfer of financial resources (with the money transfer transaction is finished.)

These financial transactions existed since man created the concept of money, but so were already established in the early modern era when he came the first lenders and traders treaties establishing financial mathematics where mentioned issues such as calculating interest or management Financial Statements (History of capitalism)

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