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GNU Privacy Guard quick tutorial, did I get this right?

Can someone please explain to me in layman terms what the whole concept is? I was tasked to encrypt a file but there's so much terms that confused me such as "privacy"/"public" key, fingerprint, signature....etc.,

I generally thought you basically use one app to generate a public/private key. The public is then shared to the recipient, where you the creator keeps the private key. The private key is used so I can add more accounts or in other words create more keys.

Signature is basically just verification that is used when the recipient receives the encrypted file and basically executes the file to be decrypted.

Finger prints? No idea...did I get this all right? I need it to be explained so that when I use the software, its easy to understand. Say if you explain "signature" , I would need the concept and how its technically done using the software.

Thanks so much!
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