What is not a part of the definition of finance according to Encarta® World Dictionary?

The money required to do something
The business or art of managing the monetary resources of an organization, country, or person
The money at the disposal of an organization, country, or person
The totality of money earned and spent by an organization, country or person

1 answer

The option that is not a part of the definition of finance according to the Encarta® World Dictionary is:

The totality of money earned and spent by an organization, country or person.

This phrase is more aligned with the concept of budgeting or accounting rather than a core definition of finance itself.