  We study the diffusion-limited process $A+A\to A$ in one dimension, with
finite reaction rates. We develop an approximation scheme based on the method
of Inter-Particle Distribution Functions (IPDF), which was formerly used for
the exact solution of the same process with infinite reaction rate. The
approximation becomes exact in the very early time regime (or the
reaction-controlled limit) and in the long time (diffusion-controlled)
asymptotic limit. For the intermediate time regime, we obtain a simple
interpolative behavior between these two limits. We also study the coalescence
process (with finite reaction rates) with the back reaction $A\to A+A$, and in
the presence of particle input. In each of these cases the system reaches a
non-trivial steady state with a finite concentration of particles. Theoretical
predictions for the concentration time dependence and for the IPDF are compared
to computer simulations. P. A. C. S. Numbers: 82.20.Mj 02.50.+s 05.40.+j
05.70.Ln
