Vital purpose of this assignment is to describe short notes of Finance. Finance can be a field that deals with the allocation of assets and liabilities over time under conditions of certainty and uncertainness. It also applies and uses the actual theories of economics on some level. It can also be defined as the actual science of income management. A a key point in finance may be the time value of money, which states that purchasing power of 1 unit of currency may vary over time. Finance aims to price assets dependant on their risk stage and their expected rate of return.