Essence, functions and the role of finance

Before we begin to reveal the essence of the topic , I would like to review the main concepts that relate to finance in general and to the topic of " essence and function of finance."

FINANCE (from the French finances - cash) , a set of economic relations in the process of creating and using the funds of funds. Yes they i.e. finance , with the regular commodity-money circulation with the development of the state and its needs for financial resources . The government through the Finance (state budget, local finance , finance companies ) redistributes part of the national income , in accordance with the objectives of economic and social policy.