"Commercial bills" refer to negotiable and transferable debt instruments issued by the issuing body for a period of between 2 days and 270 days to meet the demands of liquid assets.

“商业票据”是指发行体为满足流动资金需求所发行的、期限为2天至270天的、可流通转让的债务工具。

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Therefore the knowledge and skills gained, which are transferable to various situations in the future, will become the students' assets.

这过程中所获得的知识和能力，也将对学生未来有着积极的影响和帮助。

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Also, there are reports that officials have pledged non-transferable assets as collateral, like protected forests.

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Investors may purchase proprietary funds without appreciating portability restriction and the firms do not necessarily tell their clients that the assets of proprietary funds are not transferable.

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