STATE LOANS - FORM OF PUBLIC CREDIT Cover Image

ÎMPRUMUTURILE DE STAT– FORMĂ A CREDITULUI PUBLIC
STATE LOANS - FORM OF PUBLIC CREDIT

Author(s): Elena Iga
Subject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: loan rates; repayment; conversion.

Summary/Abstract: The contraction of loans materializes when obtaining the sums by which the state borrows its creditors, offering as a change the transactions which engage its obligation of repayment and pay of the due interest which equivalates with concluding a contract between the state (debitor) and different people who subscribe to the loan. The state loan has a character stipulated by a contract. The loans fulfill a positive role as long as they are used for the development of industry, modernization of agriculture, building communication ways, and the protection of environment.

  • Issue Year: 19/2009
  • Issue No: 4
  • Page Range: 488-495
  • Page Count: 8
  • Language: Romanian
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