

In the manuals of the political economy we meet with the following definitions of finances: Though both of them give quite substantiate discussion of finances, as a system of formation, distribution and usage of the funds of money sources, that comes out of the following definition of the finances: “financial cash relations, which forms in the process of distribution and redistribution of the partial value of the national wealth and total social product, is related with the subjects of the economy and formation and usage of the state cash incomes and savings in the widened further production, in the material stimulation of the workers for satisfaction of the society social and other requests”. Moliakov underlines industrial foundation of finances. Rodionova makes an accent of finances, as distributing relations, when D. Rodionova has a different position about this subject: “real formation of the financial resources begins on the stage of distribution, when the value is realized and concrete economical forms of the realized value are separated from the consistence of the profit”. Finances exist on the state level and also on the manufactures and branches’ level too, and in such conditions, when the most part of the manufactures are not state. Second, main goal of finances is much wider then “fulfillment of the state functions and obligations and provision of conditions for the widened further production”.

Its source is taken into account before hand as a depression kind in the consistence of the ready products cost price. This latest first appears to be a part of value of main industrial funds, later it is moved to the cost price of a ready product (that is to the value too) and after its realization, and it is set the depression fund. Also, formation and usage of the depreciation fund which is the part of financial domain, belongs not to the distribution and redistribution of the national income (of newly formed value during a year), but to the distribution of already developed value. We share partly such explanation of finances and think expedient to make some specification.įirst, finances overcome the bounds of distribution and redistribution service of the national income, though it is a basic foundation of finances. This definition is brought without showing the environment of its action. This definition is given relatively to the conditions of Capitalism, when cash-commodity relations gain universal character Ģ) “Finances represent the formation of centralized ad decentralized money sources, economical relations relatively with the distribution and usage, which serve for fulfillment of the state functions and obligations and also provision of the conditions of the widened further production”. For example, in “the general theory of finances” there are two definitions of finances:ġ) “…Finances reflect economical relations, formation of the funds of money sources, in the process of distribution and redistribution of national receipts according to the distribution and usage”. The definition of totality of the economical relations formed in the process of formation, distribution and usage of finances, as money sources is widely spread. LOANS ARE ARRANGED THROUGH 3RD PARTY LENDERS.Scientific works in the theories of finances and credit, according to the specification of the research object, are characterized to be many-sided and many-leveled. NO MORTGAGE SOLICITATION ACTIVITY OR LOAN APPLICATIONS FOR PROPERTIES LOCATED IN THE STATE OF NEW YORK CAN BE FACILITATED THROUGH THIS SITE. THIS SITE IS NOT AUTHORIZED BY THE NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES. INFORMATION RECEIVED WILL BE SHARED WITH ONE OR MORE THIRD PARTIES IN CONNECTION WITH YOUR RESIDENTIAL MORTGAGE
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