Analysis of operational risk transmission in acceptance bill discount at commercial banks;
商业银行承兑汇票贴现业务的操作风险传导分析
"When a bill is dishonoured by the acceptor for honour, it must be protested for non-payment by him."
如信誉承兑人不兑现汇票，则须作该承兑人拒绝付款证书。
The bill was dishonoured on Sunday.
该汇票星期日不兑现。
"Where a foreign bill, appearing on the face of it to be such, has been dishonoured by non-acceptance, it must be duly protested for non-acceptance,"
凡票面表明系外地汇票之汇票，如因不获承兑而不能兑现，必须正式办理拒绝承兑证书；
"In order to render the acceptor of a bill liable, it is not necessary to protest it or that notice of dishonour should be given to him."
为使汇票承兑人负责，执票人并非必要办理拒绝证书或向承兑人发出汇票不能兑现之通知。
I want to cash this money order.
我要兑现这张汇票。
He went to the bank to cash a draft.
他去银行兑现一张汇票。
ineligible acceptance
不合格的银行承兑汇票
"The fact that the holder has reason to believe that the bill, on presentment, will be dishonoured does not excuse presentment."
执票人虽有理由相信纵使作承兑提示，汇票仍不能兑现，惟并不因而免作承兑提示。
A bill is dishonoured by non-payment--
凡汇票有下开情况，即属被拒付款而不能兑现——
Can you Cash this postal order for that old lady,please?
请问您能不能把那位老太太的汇票兑换成现金?
"that he became the holder of it before it was overdue, and without notice that it had been previously dishonoured, if such was the fact;"
在汇票过期前成为执票人，亦无觉察该票曾有不能兑现之情事；
"in the case of a bill which has been dishonoured abroad, in lieu of the above damages, the holder may recover from the drawer or an indorser,"
凡汇票于外地不能兑现，执票人可向发票人或背书人追讨，
"When a bill payable after sight is dishonoured by non-acceptance, and the drawee subsequently accepts it,"
如见票后付款之汇票因被拒承兑而不能兑现，而后来付款人又予以承兑，
a dishonor, ed check
空头支票,不兑现的支票
"Presentment in accordance with these rules is excused, and a bill may be treated as dishonoured by non-acceptance--"
遇有下列情况，可免作承兑提示，而有关汇票可视为因不获承兑而不能兑现——
A system of payments using instruments, such as negotiable drafts, instead of money.
汇换借助工具（例如可兑换汇票）而不用现金的一种支付手段
"the return of a dishonoured bill to the drawer or an indorser is, in point of form, deemed a sufficient notice of dishonour;"
凡将不能兑现之汇票退回发票人或背书人，在形式上足以视为有效之不能兑现之通知；
"When a bill is duly presented for acceptance and is not accepted within the customary time, the person presenting it must treat it as dishonoured by non-acceptance."
凡汇票经作正式承兑提示而未能在惯常期间内获承兑，提示人须视有关汇票因不获承兑而不能兑现；