The Impact of Consumer Durable Loans on Household Purchasing Behavior and Financial Stability
Year: 2025
Type: article
Abstract: "Finance is the management of money and other valuables, easily convertible into cash." A stock category that comprises companies offering financial services to commercial and retail customers. Banks, investment funds, insurance firms and property fall under this sector. Financial services are best in low-interest-rate environments. Much of this sector earns revenue from mortgages and loans, which appreciate as interest rates decrease. Also, when the business cycle is rising, the financial sector is helped by more investment good economic condition typically result in more capital projects and more individual investing. New projects need to be financed, which typically results in a high number of loans. "Finance" has been defined simply as money management or "funds" management. Contemporary finance, though, is a family of business activity that encompass the origination, promotion, and administration of cash and money substitutes through a range of capital accounts, instruments, and markets established for trading and transaction assets, liabilities, and risks. Finance is theorized, organized, and governed by a sophisticated network of power relationship among political economies within state and international market.
Authors: Saxena, Prof. Ashish, Sharma, Ravi
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W6911959605
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