Loan and Finance

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Loan and Finance

Loan: A loan is a sum of money borrowed from a financial institution or lender, which must be repaid with interest over a specified period. Loans can be secured (backed by collateral) or unsecured (based on creditworthiness). Common types include personal loans, home loans, business loans, and student loans.

Finance: Finance refers to the management of money, including budgeting, investing, lending, and borrowing. It encompasses personal finance (individual money management), corporate finance (business financial planning), and public finance (government revenue and expenditures). Proper financial planning ensures stability, growth, and efficient resource allocation.

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03.

Signing Of A Contract

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