Do we define infinity as a "limit"? Or do we simply say that the limit doesn't exist as the function/series diverges?
I'm calculating the limit of a function, turns out to be infinity, but I am not sure whether to just write "infinity" after an equal sign, or to say "this doesn't exist".
Also, can I even use the term: "Lim f(x) = " without knowing whether the limit exists beforehand?
you can say the limit is positively (or negatively) divergent and it would be correct, but among mathematicians no one looks bad on:
$$\lim_{x\to x_0}f(x)=+\infty$$ because the result of a limit is not necessarely in $\mathbb{R}$, most analists use this definition: $\mathbb{\hat R}=\mathbb{R}\ \cup \{-\infty,+\infty\}$ (the extended real line) and if you assume that the result lies in $\mathbb{\hat R}$ then it's perfectly rigorous to write the limit result using the notation above. (for more info look: here)