Chapter 1 focuses on the legal nature and characteristics of bill discounting.

第一章，对票据贴现的法律性质及特征进行了分析。

youdao

The research on the bill discounting business of Banks mainly expanded from the finance and management, lacking systematic discussing with legal theory.

以往关于银行票据贴现业务的研究，多从金融学和管理学的角度展开，鲜有从法律理论的角度进行系统的探讨。

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Stock market is developing rapidly, a uniform market for inter-bank borrowing and lending has been set up, bill discounting market and Treasury bond market have come into being.

建立起了全国统一的银行间拆借市场，初步形成票据贴现市场和国债回购市场。

youdao

What Breedon wants to see is an expansion of invoice and bill discounting.

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In the space of two weeks the December bill futures contract has shifted from implying a three-month yield of 1.50% to discounting a cut from the 1.00% policy-rate to 0.78%.

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