Finance is a field that deals with the study of investments. It includes the dynamics of assets and liabilities over time under conditions of different degrees of uncertainties and risks. Finance can also be defined as the science of money management. Market participants aim to price assets based on their risk level, fundamental value, and their expected rate of return. Finance can be broken into three sub-categories: public finance, corporate finance and personal finance.
The rise in offshore construction has led to explosions, fires and spills that have had a devastating impact on humans, the environment and the economy. An EU initiative aimed at developing an international legal framework that regulates offshore construction.