Magento, what is the difference between getPrice and getFinalPrice

Question

Just exactly as the title explains, in Magento, what is the difference between these two:

$product->getPrice();

v

$product->getFinalPrice();

Answer 1

Get final price is with discount included.

Answer 2

getFinalPrice check if have some discount on product and if this discount is active, the method apply the discount and return the literal "Final Price", if you check for getPrice() you'll have just he simple price from this product.