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100 Essential Financial Concepts For Investing / Starting Up (Part 1)
These are the 100 financial terms that you should know when learning about managing and investing your money.
These are also essential if you are someone planning to start a Startup.
For the sake of readability, this article will be divided into multiple posts. :)
1. Money
It is a measure of economic value and medium of exchange for payment for goods and services and for repayment of debts.
Money is issued and controlled by a third-party i.e. usually the central bank of a country.
2. Stock / Equity
It is the security that represents the ownership of a part/fraction of the issuing company.
A unit of stock is called a Share.
3. Stock Market / Exchange
It is the marketplace where financial securities (such as stocks) can be bought and…