Finance

Finance originally meant any money payments and later this concept became one of the important elements of the system of monetary relations between economic entities.However not every system of monetary relations is considered a financial relation. Therefore along with the interdependence between finance and money there are also certain differences between them.An equivalent is a special commodity that is separated from the world of money-commodities and plays the role of a common equivalent for all commodities.Finance includes a unique system of monetary relations. Finance is a system of monetary relations between the state and other economic entities related to the formation of monetary funds of various forms.