原文6
When the seller gets the accepted draft, he can either hold it to maturity or discount it with the negotiating bank. What does “discount” mean? The seller receives it face value less a deduction for certain days’ interest plus the bank’s commission, and thus gives this bank titles to the goods. The interest is calculated at certain rate for the time between the date of purchasing and the date of maturity of the draft. Discount rates are based on the current conditions of the local money market. But the negotiating bank charges no interest for sight draft. The negotiating bank may readily sell the discounted draft in the bill market. He can also hold it to maturity for getting the reimbursement from the opening bank.
参考译文
卖方收到业已承兑的汇票之后，可将其保留至到期，也可向议付行贴现。“贴现”是什么意思？卖方领取了扣除若干天的利息和银行手续费之后的汇票金额，就把货物所有权交给了银行，这就是贴现。利息是按照一定的利率以及从银行购买汇票日至汇票到期日之间的天数计算的，贴现率由当地金融市场的现形状况决定。对即期汇票议付行不收利息。议付行可以随时在汇兑市场上出售已经贴现过的汇票，也可以将其保留至到期日，以便向开证行索偿。