BUISENESS MANAGEMENT
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The movement of money from lender to borrower and back again is known as ____
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the circle of life
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corporate finance
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the cycle of money
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money laundering
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Explanation:
Detailed explanation-1: -The cycle of money is the movement of money from lender to borrower and back again. It is often accomplished through a financial intermediary like a bank. The common objective is to make both the lender and the borrower better off.
Detailed explanation-2: -The Cycle of Money is defined as the path that money takes in the economy. It is the steps taken to expand and amplify the amount of money being invested and used at any given time. The cycle of money has become faster and faster as technology has improved.
Detailed explanation-3: -There are two main parts of a loan: The principal–the money that you borrow. The interest–this is like paying rent on the money you borrow.
There is 1 question to complete.