What is investment? What is the scope of investment?
Asked by SAURABH CHAUHAN
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2 Answers
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Hello Saurabh,
An investment is an asset or item that is purchased with the hope that it will generate income or will appreciate in the future. In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth. In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or will be sold at a higher price for a profit. -
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