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*’finance’ is a ‘field’ that deals with the study of ‘investments’*
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(it includes the dynamics of ‘assets’ + ‘liabilities’ over time under conditions of different degrees of ‘uncertainty’ + ‘risk’)
(‘finance’ can also be defined as the science of ‘money management’)
(‘finance’ aims to price ‘assets’ based on their ‘risk level’ and their expected ‘rate of return’)
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(‘finance’ can be broken into 3 different sub-categories…)
‘public finance’
‘corporate finance’
‘personal finance’
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