The process of channeling funds to different economic entities is known as finance. In general, financial institutions serve as intermediaries in the transfer of funds from savers to users. In the United States, this is done by banks and savings and loan associations. Investment companies, pension funds, and insurance companies also act as intermediaries in the flow of funds. By facilitating these transactions, the process of finance is the lifeline of economic activity. Its role is to enable people to meet their financial goals and enjoy financial freedom.