Money is an integral part of the functioning of any society.The origin of the term is quite interesting.Coinage of Ancient Rome in specially designed for this purpose place - the temple of the goddess Juno Moneta, the name of which comes the English word, and - money (money).The development of human civilization entails the development of all spheres of its activity, including financial.Ancient money can be considered the equivalent of furs and skins of animals, and then entered into circulation silver and gold (specie), and finally, the paper money.A special kind of advanced funds are lending money, the occurrence of which is associated with the rapid development of banking activities.These funds do not have their own values, and as such exist only in the form of a certified one way or another digital signage.In other words we can say that lending money - this is a kind of promissory note, paper tokens of value caused by credit instead of gold.
Over the lifetime of the entire banking system of lending money have evolved from bills to credit cards and electronic money.
first variant of this type of funds in Russia to the bill, which is an ordinary written obligation of the debtor to his creditor.Bank bills are issued, as a rule, only if the current account of the borrower a sum of money.Treasury bills are not specific debt to the bank, and only the state and relate to securities issued for a period of 3 months to a year.Buy T-bills can be in an active securities market.Their repayment is carried out by the central banks of the country on behalf of the Ministry of Finance.
In the late 17th century in Russia, a new type of credit money - banknotes, the right to the issue of which had only the central bank.The rich gold reserves of the country excluded the possibility of impairment of this type of funds.Notes at any time could be exchanged for gold.The main distinguishing feature of the bill is a bill in perpetuity of its existence.
process of creating commercial banks demanded the emergence of a new kind of money, they began checks, which are a special kind of bill, a written order to the owner of a specific account to pay the check holder given him a sum of money.A check may be issued as a commercial, and the country's central bank.Automation of banks and conduct monetary transactions preceded the appearance of which replaced checks of credit cards issued by banks in the form of a plastic card coated with a chip based on the customer's account.
Credit money and their views were part of the birth and development of the capitalist system, one of the main features of which was the circulation of money, which caused a number of economically important consequences for the country.Circuit capital provides a constant cash flow, which is often carried out by means of credit.The main form of currency movement then becomes a loan, the primary form of payment - credit money.
Summarizing, we can say that lending money is inseparably linked with the phenomenon in the economic life of the country, capitalism, and the most widely with the development of commodity-money relations.Their main distinguishing feature of the paper money is the origin.Paper money may be issued only by the Treasury, the credit - commercial and central banks in the form of checks, bills, credit cards, bank notes and electronic money.
