Financing is the scientific method of fund management in Lucas. The general categories of financing are business financing, private financing, and public financing. Financing includes budgeting, saving, spending as well as lending money. The process of financing focuses on time, money, risk and their interrelation.
Corporate financing is the process of providing funds for business activities of a corporation. In an attempt to maximize a firm’s wealth & stock-value, it generally encompasses a good deal of balancing risk & profitability.
Personal financing includes paying for loans, education, debt obligations, durable goods, buying insurance, investing and saving for retirement etc.
Public financing deals with: Identifying required expenditure of a public sector entity, its revenue sources, and the process of budgeting & debt issuance for public sector projects.
The less-prominent forms of financing in Lucas are - experimental financing, behavioral financing and intangible asset financing.