Finance

Now in its fifth edition, Finance: The Basics is a clear and practical introduction to the world of finance. It thoroughly explains essential financial statements, tools and concepts; fundamental financial instruments and transactions; and global financial participants, markets and systems.
This fully revised edition captures the most important aspects of a changing financial landscape.
Key features include:
¿ Extensive updates to the chapters on digital assets/currencies, derivatives, financial participants and the evolving financial ecosystem
¿ New examples on topics such as 0DTE options, perpetual futures, LBO structuring, and token capital raising
¿ A brand new chapter on artificial intelligence in finance, including an overview on AI architecture, applications, and AI-driven business benefits and challenges
¿ New 'Finance in Action' case studies on topics such as real-world asset tokenisation, private equity, private credit, prediction markets and digital bonds
¿ A comprehensive glossary containing key terms discussed in the book
¿ Supplemental digital resources, including PowerPoints for instructors and a test bank of questions for students.
Each chapter is accompanied by an overview and summary, illustrations and tables, real-life case studies, study questions and recommended readings. Finance: The Basics is essential reading for anyone interested in the fascinating world of finance.

PART 1: Concepts and Tools1.The World of Finance 2. The Financial Statements 3. Financial Concepts and Tools PART 2: Instruments and Marketplaces 4. Common and Preferred Stock 5. Loans and Bonds 6. Investment Funds 7. Derivatives and Insurance 8. Corporate Finance 9. Digital assets Part 3: The Financial System Environment 10. Financial Participants 11. The Global Financial Markets 12. Artificial intelligence in finance 13. Answers to Review Questions. Glossary. Bibliography.