Notes

Financing, Credit, Investments -- Economical Categories
Scientific runs in the theories of finances and even credit, according in order to the specification with the research object, will be characterized to become many-sided and many-leveled.

The definition of wholeness with the economical relations formed in typically the process of formation, distribution and using finances, as cash sources is widely spread. For example, in "the basic theory of finances" there are two explanations of finances:

1) "... Waton echo economical relations, formation with the funds associated with money sources, within the process involving distribution and partage of national invoices based on the distribution and usage". This description has relatively to be able to the conditions involving Capitalism, when cash-commodity relations gain universal character;

2) "Finances represent the organization involving centralized ad decentralized money sources, cost-effective relations relatively together with the distribution and even usage, which assist for fulfillment of the state functions and even obligations and also provision of the conditions from the increased further production". This particular definition is delivered without showing the particular environment of the action. We talk about partly such explanation of finances plus think expedient in order to make some standards.

First, finances overcome the bounds involving distribution and redistribution service in the countrywide income, though it is a basic foundation of finances. Also, formation and usage of the depreciation fund which is typically the part of monetary domain, belongs certainly not to the submission and redistribution regarding the national earnings (of newly formed value during some sort of year), but for the distribution of previously developed value.

This specific latest first appears to be a part of value of main industrial finances, later it is relocated to the cost price of a ready product (that would be to the value too) and after its realization, and it is set the depression fund. It is source is obtained into account in advance as a depression kind in the consistence from the all set products cost price.

2nd, main goal involving finances is significantly wider then "fulfillment with the state capabilities and obligations and provision of situations for the widened even more production". Finances exist around the state level as well as on typically the manufactures and branches' level too, in addition to in such problems, when the many portion of the manufactures will be not state.

Sixth is v. M. Rodionova features a different location about this theme: "real formation involving the financial resources begins on the period of distribution, once the value is realized and concrete cost-effective forms of the particular realized value are usually separated from the particular consistence in the profit". V. M. Rodionova makes an feature of finances, because distributing relations, whenever D. S. Moliakov underlines industrial basis of finances.

Nevertheless both of all of them give quite establish discussion of finances, as a method of formation, distribution and using the particular funds involving options, that arrives associated with the following definition of the finances: "financial cash relations, which usually forms in the process of circulation and redistribution regarding the partial associated with the national wealth and total interpersonal product, is related with the subjects of the economy plus formation and utilization of the state cash incomes and even savings in the particular widened further creation, in the substance stimulation of typically the workers for fulfillment of the society cultural and other requests".

Within the manuals regarding the political economic system we meet along with the next definitions regarding finances:

"Finances associated with the socialistic condition represent economical (cash) relations, by making use of which in turn, in the way of planned distribution of the profits and savings the funds of funds causes of the express and socialistic produces are formed intended for guaranteeing the growth involving the production, rising the material and cultural level regarding the people and then for satisfying other general society requests".

"The system of development and usage regarding necessary funds of cash resources intended for guarantying socialistic widened further production symbolize precisely the finances associated with the socialistic culture. And the wholeness of economical contact arisen between express, manufactures and agencies, branches, regions plus separate citizen based on the movement of cash funds make economic relations".
As we've seen, definitions of finances made by financiers and personal economists never differ greatly.
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