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Imparts a self--contained development of the algebraic theory of Kac--Moody algebras, their representations and close relatives----the Virasoro and Heisenberg algebras. Focuses on developing the theory of triangular decompositions and part of the Kac--Moody theory not specific to the affine case. Also covers lattices, and finite root systems, infinite--dimensional theory, Weyl groups and conjugacy theorems.