Business finance is the business activity that has to do with the means that which a business owner obtains funds to start a business or bring money to an existing business. It is the acquisition and conservation of capital funds to meet the financial needs and objectives of the business owner.
A financial instrument is a type of contract e.g. treasury bills, mortgage loans, federal loans, commercial paper, bonds, shares, etc. A financial instrument with a maturity of less than one year is traded in the money market. The level of technology has sped up the marketing of financial instruments.