票据市场是基础性的货币市场，主要包括商业汇票市场、商业本票市场及其他短期债券市场。

Paper Market is a basic money market, main including commercial bill of exchange market, promissory note market and other short-term bond market.

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货币市场短期有价证券市场，如银行汇票、商业票据等，通常票据到期时间小于1年。

Money market a market for short - term securities such as bank bills, commercial paper, etc. usually having a maturity of le than 1 year.

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票据市场是货币市场的重要组成部分，包括商业票据市场和银行承兑汇票市场。

The Bill Market is an essential part of the Currency Market, including the Commercial Bill Market and the Bank's Acceptance of Bill Market.

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