Financing, Credit, Investments : Economical Categories
Scientific works in the theories of finances and even credit, according to the specification of the research object, are usually characterized to become many-sided and many-leveled.
The meaning of totality in the economical associations formed in the particular process of creation, distribution and use of finances, as cash sources is commonly spread. For illustration, in "the standard theory of finances" you will find two meanings of finances:
1) "... Finances indicate economical relations, creation from the funds of money sources, in the process associated with distribution and répartition of national statements according to the distribution in addition to usage". This classification is given relatively in order to the conditions regarding Capitalism, when cash-commodity relations gain universal character;
2) "Finances represent the organization involving centralized ad decentralized money sources, inexpensive relations relatively with the distribution plus usage, which serve for fulfillment of the state functions in addition to obligations and likewise provision of the particular conditions from the widened further production". This particular definition is introduced without showing typically the environment of it is action. Error reduction We share partly such description of finances and even think expedient to be able to make some specs.
First, finances overcome the bounds of distribution and répartition service with the nationwide income, though it is a basic foundation of finances. In addition, formation and consumption of the downgrading fund that is typically the part of economic domain, belongs not to the supply and redistribution of the national income (of newly created value during a new year), but for typically the distribution of already developed value.
This particular latest first looks to be some sort of part of value of main industrial finances, later it will be moved to the cost price of a ready product (that would be to the value too) after its conclusion, and it is set typically the depression fund. Its source is used into account before hand as a depression kind in typically the consistence from the all set products cost price.
2nd, main goal of finances is much wider then "fulfillment in the state features and obligations plus provision of problems for your widened even more production". Finances are present around the state stage and in addition on the manufactures and branches' level too, plus in such situations, when the many area of the manufactures are usually not state.
Sixth v. M. Rodionova features a different place about this subject: "real formation associated with the financial resources begins on the period of distribution, once the value is recognized 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 highlight of finances, as distributing relations, if D. S. Moliakov underlines industrial foundation of finances.
Nevertheless both of them give quite verify discussion of money, as a system of formation, submission and usage of typically the funds pounds resources, that comes out associated with the following associated with the finances: "financial cash relations, which usually forms in the particular process of supply and redistribution of the partial value of the national prosperity and total cultural product, is related with the subjects of the economy plus formation and use of the state cash incomes and savings in typically the widened further manufacturing, in the material stimulation of the particular workers for satisfaction of the society sociable as well as other requests".
Inside the manuals involving the political economy we meet using the next definitions associated with finances:
"Finances of the socialistic state represent economical (cash) relations, by making use of which usually, in the approach of planned circulation of the profits and savings the particular funds of funds options for the point out and socialistic companies are formed with regard to guaranteeing the expansion involving the production, growing the material and cultural level associated with the people as well as for satisfying other standard society requests".
"The system of design and usage of necessary funds associated with cash resources intended for guarantying socialistic widened further production represent exactly the finances associated with the socialistic culture. And the wholeness of economical relations arisen between condition, manufactures and businesses, branches, regions and separate citizen according to the movement of money funds make monetary relations".
As coming from seen, definitions of finances made by simply financiers and political economists never change greatly.