FINANCE:
Finance is the management of money which covers things like investing, borrowing, lending, budgeting, saving, and predicting. Personal finance, corporate finance, and public/government finance are the three basic categories of finance.
The easiest way to define finance is by providing examples of the activities it includes. Below is a list of the most common examples:
- Investing personal money in stocks, bonds, or guaranteed investment certificates (GICs)
- Borrowing money from institutional investors by issuing bonds on behalf of a public company
- Lending money to people by providing them a mortgage to buy a house with
- Using Excel spreadsheets to build a budget and financial model for a corporation
- Saving personal money in a high-interest savings account
- Developing a forecast for government spending and revenue collection

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