{tocify} {$title=Table of Contents} Investment “An investment is the purchase of goods that are not consumed today but are used in the future to create wealth” Was this helpful? YesNo 0 / 0 Related ArticlesMonetary and Non-Monetary Items with DifferencesDiscounting in Investment – Advantages and Disadvantages with CalculatorGoodwill in Accounting: Definition, Meaning, and Importance in Finance4 Basic Types of Accounting: Financial, Managerial, Cost, and Tax AccountingShort-Term Finance, Medium-Term Finance, Long-Term Finance with ChartDays Payable Outstanding (DPO) | How it works (Explained)