WebMar 22, 2024 · Finance is defined as the management of money and includes activities such as investing, borrowing, lending, budgeting, saving, and forecasting. There are … WebDec 7, 2024 · Traditional financial services providers (mainly banks and credit unions) serve three core functions: They hold money – including deposits and a variety of investment products. They lend money – including both secured loans (like mortgages) and unsecured loans (like student lines of credit).

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