Finance

Finance refers to the management, creation, and study of money, investments, and other financial instruments. It encompasses a range of activities, including the allocation of assets and liabilities, the acquisition of funds, budgeting, investing, saving, and risk management. Finance is divided into three main categories: personal finance, which deals with individual financial decisions; corporate finance, which involves managing a company’s financial resources; and public finance, which pertains to the financial activities of government entities. The field of finance focuses on how individuals, businesses, and governments manage their money and the mechanisms they use to make financial decisions and investments.