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M&T Bank traces its origins to the founding of Manufacturers and Traders Bank in Buffalo, New York. As a result of mergers, acquisitions and name changes, M&T Bank Corporation's principal bank is now known as Manufacturers and Traders Trust Company, or M&T Bank.

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INTRODUCTION TO FINANCEIt would be worthwhile to recall what Henry ford once remarked Money is an arm or a leg; you either can use it or lose it. This statement throws light on the significance of money or finance. A budding concern may need a small amount of money and yet it may be difficult for it to commence business simply because it is not in the position to get required funds. A firms success and survival mainly depends upon its ability to generate sufficient funds when need arises. Finance holds the key to all the activities. The role of financial manager, that is, the one who is in charge of the finance function, is difficult because he has to play that role and relate it to the role of other managers.DEFINITIONS OF FINANCERay G. Jones and Dean Dudley observe that the word finance comes indirectly from the Latin word Finis. Finance is defined as the issuance of the distribution of and the purchase of liability and equity claim issued for the purpose of generating revenue-producing assets. These claims are commonly referred to as financial claims.According to Paul.G.Hasings, Finance Is the management of the monitory affairs of the company. It includes determining what has to be paid for and when, raising the money on the best terms available, and devoting the available funds to the best uses. Kenneth Midgely and Ronald Burns define financing as a process of organizing the flow of funds so that a business can carry out its objectives in the m

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