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.
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. For example, in "the general theory of finances" there are two definitions of finances:
1) 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. You can check out the debt management services at http://ukfinancehelp.co.uk/services/debt-management.
2) Finances are the creation of centralized and decentralized money sources, economic relations relative to the distribution and use, which serve the fulfillment of state functions and obligations, as well as the provision of conditions for the widened further manufacturing. The environment in which it operates is not shown. We agree with part of this explanation and feel it expedient to provide some specifications.
First, finances overcome the bounds of distribution and redistribution service of the national income, though it is a basic foundation of finances. 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.