Financial Planning


Definition of "Financial planning"

Acquisition and employment of assets in order to maximize the return on these assets through: establishment of financial planning objectives; development of financial plans by which these objectives are to be achieved; establishment of a budget by which funds can be allocated to the purchase of the financial assets; and review and, if necessary, revision of the financial plan to make sure acceptable progress is being made toward the achievement of the objectives.



Search Real Estate Glossary

Related Real Estate Glossary terms

Related Real Estate FAQ