An acceptancebill is a more modern form of the bill of exchange in financing international trade.
承兑汇票是国际贸易中交换汇票的更现代的形式。
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Where abillofexchange is not presented for acceptance within the prescribed period, the holder thereof shall lose the right of recourse against his prior parties.
第七十九条本票的持票人未按照规定期限提示见票的,丧失对出票人以外的前手的追索权。
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Note: The drawee's signature alone is a valid acceptance and is usually made across the left margin of the bill of exchange.