INTERNATIONAL JOURNAL OF SCIENTIFIC & TECHNOLOGY RESEARCH VOLUME 9, ISSUE 02, FEBRUARY 2020
ISSN 2277-8616
1193
IJSTR©2020
www.ijstr.org
Diachronic And Simultaneous Study Of Banking
And Financial Terms
Oybek Akhmedov, Nilufar Ataeva
Abstract:
The study of the history of formation and formation of taxes and duties, their essence, types, and terms used in the past proves the
importance of scientific research through linguistic nominations. Consequently, emerging banking and financial terms have their own history and are
related to the process of payment and collection of various taxes between people and the state.
Index Terms
: banking, economy, finance, money, payment, society, taxes.
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1.
INTRODUCTION
With the emergence of a society, it has built on financial and
commercial relations. As each state has its own commercial
laws and principles, different words have emerged that
characterize payments. O.S. Akhmedov noted that the study of
the history of formation and formation of taxes and duties, their
essence, types, and terms used in the past proves the
importance
of
scientific
research
through
linguistic
nominations.
2 THEOREM
Consequently, emerging banking and financial terms have
their own history and are related to the process of payment
and collection of various taxes between people and the state.
It is well known that the terms of banking and finance
originated in the first millennium. According to historical
sources: “In ancient times, there is no doubt that
archaeological research on the improvement of social and
economic relations in society in early Central Asia, the
formation of early land ownership, the formation of primary
farming and production structures, the tax system and their
structures. the role of ethnographic, paleoanthropological, and
linguistic information is invaluable.” O.S. Akhmedov writes that
with the emergence of the state and the emergence of taxes,
taxes were initially levied from the population in the form of
cash (alternative goods or products). H. Dadabaev's scientific
work is devoted to the study of terminology problems, as an
example of the evolutionary etymology of some of the
historical tax and customs terms used in ancient Turkic
language (VI-X), old Turkic (XI-XIV) and old Uzbek literary
language
(XV-XIX).
has
been
extensively
analyzed
scientifically. Consequently, banking and financial terms have
a rich history. For example, the word "stagflation" originated in
western countries during the 1970s, during the Soviet era, in
the 1980s. To get out of this situation, it is necessary to
organize
production,
upgrade
investment,
technology,
technology, change production structure and a number of
other activities. The term is characterized by "stagnation or
decline in production, rising unemployment and inflation." In
addition, stagnation is characterized by social instability due to
under-utilization of production capacities and slowdown of the
investment process. Insurance - Property granted to nobles
under certain conditions and privileges is exempt from the tax
payable by the policyholder. Taxinkind - tax (natural tax):
Natural taxes paid by the people who lived in the ancient cave.
The population paid the village chief tax in the form of natural
(products, raw materials). Information about banking and
finance and the first tax customs terms can be found in texts
dating from the 5th and 6th centuries, from Chinese chronicles
and the Turfan ruins. Banking and finance terms in the Uzbek
language emerged for the first time in the 7th and 8th
centuries. This is due to the fact that the Arab Caliphate
invaded the territory of Movarounnahr. The biggest tax and
customs reform since the Arab conquest was the introduction
of a single tax payment zakat. Because paying zakat in Islam
is considered "one of the five pillars of religion" such as
praying and fasting. Shaulov, p. 34]. In the early days of Islam,
Zakat was established as a voluntary donation by God to a
Muslim who owned his own property. In the Muslim world
(especially during the khanate period), “Zakah is given at the
expense of all property once a year and forty-one. Zakah is
intended to help the poor and to wage a fair war. N. Ibrahimov
said that over time the zakat has changed its original nature.
As a result, the term has lost its meaning of paying zakat on
real property and has only retained its present meaning as a
“customs payment”. It is important to note that the term "zakat"
is used in 60 verses of the 9 surahs of the Holy Qur'an.
Some financial terms are derived from Latin. For example, the
term "substitute" in Latin means "to appoint another", except
for the heir specified in the testament, the right to specify
another heir (substitute). Substitute goods are products that
can be interchangeable. Now let's look at the history of the
term "reparation", the term "recovery" means "type of material
liability." Compensation in monetary or other ways for damage
caused by the state to another country Reparations can be
paid in kind or at the same time in the form of restitution (the
return of illegally obtained and seized property) and
compensation. Reparation should be differentiated from
existing pre-1919 sanctions. Under current international law,
the state's material responsibility for aggressive warfare, i.e.
military reparation, is important. Some banking and finance
terms are used only in certain countries. An example of this is
the term retail-sales-tax. Content: The type of tax levied on
retail turnover is introduced in the tax system of Canada, USA
and Japan.
Also, the term “taxation of advice” means the
property tax in Uzbekistan, which is calculated based on the
market value of the property. Financial terms include words
and phrases from ancient or medieval times. They are passed
on from generation to generation and are now actively used in
banking. For example, the word "assignment", that is, paper
money. The development of commodity production was an
economic achievement of the problem of gold and other
————————————————
Oybek Akhmedov Associate professor, Doctor of science at Uzbekistan
State University of World Languages, Tashkent, Uzbekistan
Nilufar Ataeva Senior lecturer at Tashkent Institute of Finance, Tashkent,
Uzbekistan
INTERNATIONAL JOURNAL OF SCIENTIFIC & TECHNOLOGY RESEARCH VOLUME 9, ISSUE 02, FEBRUARY 2020
ISSN 2277-8616
1194
IJSTR©2020
www.ijstr.org
metals as money. To give another example: "auction" is a
commodity that offers a special price at certain locations to sell
goods through mass sale. This price will be the auction price.
From foreign terms, the word "tahawwen" means the creation
of favorable financial conditions by means of tax incentives by
a particular state to attract foreign capital. Although this term is
not used in the national banking system of the country, it is
well known to professionals, as it is frequently used in various
documents
and
texts
on
foreign
banking.
Banking
professionals of our country should certainly know such terms,
because in the speeches of foreign partners, texts on various
contracts, banking and financial affairs use various modern
terms and new words. Banking lexical system contains many
terms. For example, the word “balance” is a system of
indicators that represents the proportion of an event or
concept that is constantly changing. Necessary ratios in
ensuring the purposeful development of the national economy
and its effectiveness. There are the following sectors of the
national economy: material, inter-sectoral payments, value,
labor, resources, fuel, energy, profit, balance of income and
expenses of the population, balance sheet and so on. V.V.
Radlov said that in the Crimean and Lithuanian languages, the
Turkic peoples of the Crimean language have the meaning of
payment, payment, remuneration, and honor. Some of the
economic terms are also used in the "Boburnoma": Twenty
thousand Kingdoms of gold and ashraf and tinim, Hodja
Husain Devon Lahore, were in the Hinduston when the Borik
fell on Wednesday. Most were referred to Mullah Ahmad
Balkh's advice by Balkh. S. Aini's works also contain some
financial terms: Farmers were forced to sell their land to feudal
lords in order to repay their debts due to the tax burden. Some
banking and financial terms have been adopted without
translation into Uzbek. Here are some examples: Excise -
excise: tax on the purchase of concrete goods, indirect taxes
on consumer goods, excise tax - the purpose of increasing
state budget revenues. Factoring - factoring: a type of trading
and intermediary activity, which is carried out in conjunction
with the purchase of a debtor's money from the lender and the
provision of loans to working capitalFranchising - Franchising:
derived from French, which means "privileges, privileges"; 1)
form of arrangement of large and small enterprises; 2) State
privilege granted to a private enterprise.
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