What does finance include? What is this?

The essence of finance is value circulation. There are many kinds of financial products, including banks, securities, funds, insurance, trusts and so on. Finance involves a wide range of academic fields, including accounting, finance, investment, banking, securities, insurance, trust and so on.

Finance has five elements:

1. Financial object: currency (funds). The currency circulation regulated by the monetary system has the characteristics of prepayment, turnover and appreciation;

2. Financial model: represented by the credit model of lending. The trading objects in the financial market are generally written proof of credit relationship, contract documents of creditor's rights and debts, etc.

Including direct financing: no intermediary intervention; Indirect financing: financing realized through the intermediary function of intermediary structure.

3. Financial institutions: usually divided into banks and non-bank financial institutions;

4. Financial place: financial market, including capital market, money market, foreign exchange market, insurance market, derivative financial instrument market, etc.

5. System and control mechanism: supervise and control financial activities.

The relationship between various elements: financial activities generally take credit instruments as the carrier, and through the transaction of credit instruments, they play a role in the financial market to realize the transfer of the right to use monetary funds, and the financial system and regulation mechanism play a supervisory and regulatory role in it.