In practice, risks are always present in any financial action and entities.Ī broad range of subfields within finance exist due to its wide scope. Assets can also be banked, invested, and insured to maximize value and minimize loss. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. It is related with, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services. Finance is the study and discipline of money, currency and capital assets.
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