Finance

Finance is the science and management of the flow of money and resources. It encompasses the study of investments, markets, banking, and the allocation of assets and liabilities over time under conditions of different degrees of uncertainty and risk. Finance involves the planning, raising, managing, and controlling of funds to achieve economic objectives. It can be subdivided into three main areas: personal finance, which focuses on individual financial decisions; corporate finance, which deals with financing and capital structure for businesses; and public finance, which concerns the financial activities of governments and public entities. The overarching aim of finance is to optimize the use of funds and ensure effective and efficient resource allocation for growth and stability.