Essential characteristics of investments as the economic category
Journal Title: Держава та регіони. Серія: Державне управління - Year 2018, Vol 3, Issue
Abstract
The author deals consider the concept and essence of investment from the economic and legal point of view. This allowed to identify economic and legal features that allow separating this complex and ambiguous term from adjacent ones. The essence of the investment was revealed on the basis of their historical and logical content. The author described the essential characteristics of the investment through their functions in the economic, public and private spheres. The classification of investments according to different criteria is disclosed. As a result of studying the views of various scholars, interpretations of vocabulary publications and normative legal acts, author’s definitions are formulated. It is proposed to consider investments as objects that have a monetary value and are invested in objects of business and (or) other activities for the purpose of profit and/or other useful effect.
Authors and Affiliations
І. С. Костіна
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