THE THEORETICAL ASPECTS OF NOTES CIRCULATION


S.V. Alimova

The article considers the spheres of notes circulation, its terminology, definitions, classification characteristics; notes classification is upgraded. The author shows that modern notes circulation in Russian Federation comes across uncertainty in the differentiation of notes and securities, defining the functions of creditors and borrowers in notes circulation. The author corrects the existing terminology and suggests a new notes classification and contributes to the development of notes circulation in general.


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