ABSTRACT
Investment is the conversion of funds into goods and services that are required for business outputs and sales, expansion of production capacities and establishment and maintenance of management capabilities. Investment objects are goods and services to be obtained for such purposes for periods usually longer than one year. In the immediate sense, investment means converting available funds into material goods. Funds used to procure objects serving a company’s business activities represent material investment. The conversion of funds for other investments, such as the purchase of shares in other companies, is known as financial investment. In a broader sense, the term investment refers to all the assets that a company has invested in: current and fixed assets, information systems and knowhow, capacity for business research and development and the rights and skills of its employees.
