Institutional specific interpretation of the term monetary system
The article formulated, from the point of view of the author of this article, interpretations of the following terms: monetary system, money system, credit system, banking system, parabanking system. Substantiated are the author's proposals on the inclusion of monetary circulation in the monetary system, the exclusion of para-banking institutions from the banking system, as well as the inclusion of economic entities involved in monetary relations in all levels of the monetary system.