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TeachMeFinance.com - explain financial management financial management 'financial management' is an military term meaning '(DOD) Financial management encompasses the two core functions of resource management and finance support. Also called FM. See also finance support; resource management'. Previous 5 Terms: final disposal procedures final governing standards final plan_ final protective fire _ finance support- Next 5 Terms: fire direction center fire storm fire support_ fire support area _ fire support coordination- Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.