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Home› Part II – Political economy propositions› Chapter 4 - Accounting›Proposition 4.3
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4.3 The stocks of mesonomic entities are for financing and investment.

Mesonomic entities: public administrations, non-profit associations, enterprises of any legal form, individuals.

1. An entity's financing stock is its liabilities.

In the financing stock of a mesonomic entity there is almost never anything but the amounts owed. But liabilities in the strict sense have given the whole, the stock of financing, its still most frequent name of use.

2. An entity's investment stock is its asset.

An investment, regardless of the nature of what it contributes to producing, increases the wealth of the entity that made it. I will come back to this in connection with the essential distinction between charge and investment.

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