as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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compare and contrast the terms "formal" and "informal"
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the terms ‘formal’ and ‘informal’ are both used to describe language. formal language is more proper, reserved, and polished. it is often used when writing or speaking in a professional or academic setting. in contrast, informal language is less structured, more casual, and more conversational. it is used in day to day conversations and other casual contexts.
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