Bill of exchange
汇票
A short-term financial instrument, originally used to finance international trade. The buyer of goods would give the seller a signed bill, equal to the value of the purchase, which the seller could then cash with a banker. In modern finance, bills are a catch-all term for short-term debt such as Treasury bills and commercial bills.
一种短期金融工具，最初用于为国际贸易融资。货物的买方会向卖方提供一张已签署的账单，其价值等于购买的价值，然后卖方可以向银行兑现。在现代金融中，汇票是指短期债务（如国库券和商业票据）的统称。
