Financing, Credit, Investments : Economical Categories

Scientific functions in the concepts of finances and credit, according to be able to the specification from the research object, are usually characterized to be many-sided and many-leveled.

The meaning of totality of the economical associations formed in typically the process of development, distribution and using finances, as cash sources is broadly spread. For instance, in "the basic theory of finances" you can find two descriptions of finances:

1) "... Finances indicate economical relations, formation in the funds regarding money sources, inside the process regarding distribution and répartition of national invoices based on the distribution plus usage". This explanation is given relatively to the conditions regarding Capitalism, when cash-commodity relations gain widespread character;

2) "Finances represent the organization regarding centralized ad decentralized money sources, cost-effective relations relatively along with the distribution in addition to usage, which serve for fulfillment from the state functions in addition to obligations and in addition provision of the conditions with the widened further production". This specific definition is brought without showing the environment of it is action. We share partly such explanation of finances and even think expedient in order to make some specs.

First, finances defeat the bounds associated with distribution and répartition service of the nationwide income, though that is a simple foundation of finances.  Financial advisor Likewise, formation and use of the devaluation fund which is the particular part of economical domain, belongs not necessarily to the submission and redistribution regarding the national earnings (of newly shaped value during some sort of year), but for the distribution of currently developed value.

This specific latest first seems to be a new part of value of main industrial cash, later it will be relocated to the cost price of an all sety product (that is always to the value too) along with its understanding, and it is set the particular depression fund. Its source is used into account in advance as a depressive disorders kind in typically the consistence in the prepared products price range.

Second, main goal involving finances is very much wider then "fulfillment of the state capabilities and obligations in addition to provision of conditions for that widened even more production". Finances exist for the state degree as well as on the particular manufactures and branches' level too, and even in such situations, when the most section of the manufactures will be not state.

V. M. Rodionova offers a different placement about this subject matter: "real formation of the financial resources commences on the period of distribution, if the value is recognized and concrete cost-effective forms of typically the realized value happen to be separated from the particular consistence with the profit". V. M. Rodionova makes an feature of finances, since distributing relations, when D. S. Moliakov underlines industrial basis of finances.

Even though both of them give quite substantiate discussion of budget, as a system of formation, distribution and using typically the funds pounds sources, that arrives associated with the following meaning of the finances: "financial cash relations, which usually forms in the process of submission and redistribution associated with the partial associated with the national wealth and total sociable product, is related with the subjects associated with the economy plus formation and utilization of the express cash incomes plus savings in the particular widened further manufacturing, in the materials stimulation of typically the workers for satisfaction in the society social as well as other requests".

Throughout the manuals associated with the political economic system we meet using these definitions involving finances:

"Finances regarding the socialistic express represent economical (cash) relations, by making use of which, in the way of planned submission of the earnings and savings the particular funds of funds causes of the express and socialistic produces are formed intended for guaranteeing the expansion involving the production, growing the material and even cultural level associated with the people and then for satisfying other basic society requests".

"The system of design and usage of necessary funds associated with cash resources for guarantying socialistic widened further production stand for precisely the finances involving the socialistic community. And the wholeness of economical associations arisen between state, manufactures and companies, branches, regions plus separate citizen in line with the movement of money funds make monetary relations".
As coming from seen, definitions involving finances made by financiers and personal economists do not change greatly.