Finance, Credit, Investments : Economical Categories

Scientific runs in the concepts of finances and credit, according to be able to the specification with the research object, are characterized to end up being many-sided and many-leveled.

The definition of totality with the economical associations formed in the particular process of development, distribution and usage of finances, as funds sources is commonly spread. For example of this, in "the general theory of finances" you will find two explanations of finances:

1) "... Finances indicate economical relations, creation of the funds of money sources, in the process associated with distribution and redistribution of national receipts according to the distribution in addition to usage". This description has relatively in order to the conditions of Capitalism, when cash-commodity relations gain universal character;

2) "Finances represent the organization associated with centralized ad decentralized money sources, inexpensive relations relatively with the distribution and usage, which provide for fulfillment with the state functions in addition to obligations and also provision of the conditions in the widened further production". This definition is brought without showing the environment of it is action. We discuss partly such description of finances and even think expedient to be able to make some standards.

First, finances get over the bounds associated with distribution and répartition service of the nationwide income, though it is a standard first step toward finances. Furthermore, formation and utilization of the fall fund that is the part of economic domain, belongs not to the submission and redistribution of the national salary (of newly shaped value during a new year), but for typically the distribution of previously developed value.

This particular latest first shows up to be a new part of associated with main industrial money, later it is usually relocated to the expense price of an all sety product (that is always to the value too) after its realization, in fact it is set the particular depression fund. Their source is used into account before hand as a depression kind in the consistence with the ready products price range.

Second, main goal involving finances is very much wider then "fulfillment with the state features and obligations and provision of circumstances for that widened more production". Finances can be found for the state degree and also on the particular manufactures and branches' level too, plus in such problems, when the most part of the manufactures happen to be not state.

V.  Responsible spending M. Rodionova provides a different placement about this theme: "real formation regarding the financial resources commences on the stage of distribution, once the value is noticed and concrete affordable forms of the particular realized value are usually separated from typically the consistence with the profit". V. M. Rodionova makes an emphasis of finances, since distributing relations, if D. S. Moliakov underlines industrial foundation of finances.

Although both of them give quite substantiate discussion of finances, as a program of formation, circulation and using the particular funds of money sources, that comes out associated with the following definition of the finances: "financial cash relations, which usually forms in the particular process of submission and redistribution involving the partial value of the national prosperity and total interpersonal product, is related with the subjects associated with the economy plus formation and usage of the condition cash incomes plus savings in the particular widened further generation, in the material stimulation of the particular workers for fulfillment from the society sociable along with other requests".

In the manuals involving the political economy we meet with the next definitions of finances:

"Finances associated with the socialistic condition represent economical (cash) relations, by making use of which usually, in the method of planned distribution of the earnings and savings typically the funds of cash options for the point out and socialistic produces are formed regarding guaranteeing the expansion associated with the production, increasing the material plus cultural level associated with the people and then for satisfying other basic society requests".

"The system of creation and usage associated with necessary funds of cash resources with regard to guarantying socialistic increased further production represent precisely the finances involving the socialistic culture. And the totality of economical relations arisen between state, manufactures and agencies, branches, regions and separate citizen in line with the movement of cash funds make economic relations".
As we now have seen, definitions involving finances made by simply financiers and politics economists do not vary greatly.