Acceptance of a time draft requires the drawee to accept it before payment, that is, the drawee signs the acceptance on the draft, followed by signature, date and some comments. The drawee of an Acceptance bill promises to bear the obligation to pay the face value of the bill, and records this expression on the bill. Acceptance is a unique bill of exchange system. In the law of negotiable instruments, the payer of a bill of exchange must accept it instead of becoming the debtor of the bill because of the drawer's entrustment. Once accepted, the drawee is called the acceptor and is the main debtor of the bill. Acceptance is a subsidiary legal act, the purpose of which is to make the payer bear the payment obligation of the due face value. Therefore, after acceptance, the payer must pay the amount of the bill to the holder at maturity according to the contents recorded on the bill. Even if the drawer fails to provide funds to the payer, it cannot be a reason to defend the holder. If the acceptor fails to pay on the due date, the holder, even though he is the original drawer, should directly demand the payment of the bill. Acceptance requires presentation, and the relevant contents shall be recorded by the acceptor in the manner prescribed by law. The negotiable instrument law of most countries requires that both the word acceptance and the name of the drawee should be signed. Article 17 of the British bill of exchange promissory note act 1882 stipulates that acceptance must be written on the bill of exchange and signed by the drawee. Only the signature of the payer without its words is enough to constitute acceptance. Article 25 1 of the Geneva Uniform Bill of Exchange and Promissory Notes Law also stipulates that a bill of exchange shall be accepted. Recorded by payer? Accept? Or synonyms, and then sign. At the same time, the clause stipulates that only when the drawee signs on the front can the bill be regarded as accepted. The provisions of American negotiable instrument law are different, only requiring acceptance by signature. Article 3-4 10 of the United States Uniform Commercial Code-Notes stipulates that acceptance must be made in writing on the bill of exchange and must only be signed by the payer. If the drawee does not accept by legal means, but verbally expresses his acceptance, or accepts on a document other than a bill of exchange, the acceptance will not take effect. The drawee of an Acceptance bill promises to bear the obligation to pay the face value of the bill, and records this expression on the bill. Acceptance is a unique bill of exchange system. In the law of negotiable instruments, the payer of a bill of exchange must accept it instead of becoming the debtor of the bill because of the drawer's entrustment. Once accepted, the drawee is called the acceptor and is the main debtor of the bill. Acceptance is a subsidiary legal act, the purpose of which is to make the payer bear the payment obligation of the due face value. Therefore, after acceptance, the payer must pay the amount of the bill to the holder at maturity according to the contents recorded on the bill. Even if the drawer fails to provide funds to the payer, it cannot be a reason to defend the holder. If the acceptor fails to pay on the due date, the holder, even though he is the original drawer, should directly demand the payment of the bill. Acceptance requires presentation, and the relevant contents shall be recorded by the acceptor in the manner prescribed by law. The negotiable instrument law of most countries requires that both the word acceptance and the name of the drawee should be signed. Article 17 of the British bill of exchange promissory note act 1882 stipulates that acceptance must be written on the bill of exchange and signed by the drawee. Only the signature of the payer without its words is enough to constitute acceptance. Article 25 1 of the Geneva Uniform Bill of Exchange and Promissory Notes Law also stipulates that a bill of exchange shall be accepted. Recorded by payer? Accept? Or synonyms, and then sign. At the same time, the clause stipulates that only when the drawee signs on the front can the bill be regarded as accepted. The provisions of American negotiable instrument law are different, only requiring acceptance by signature. Article 3-4 10 of the United States Uniform Commercial Code-Notes stipulates that acceptance must be made in writing on the bill of exchange and must only be signed by the payer. If the drawee does not accept by legal means, but verbally expresses his acceptance, or accepts on a document other than a bill of exchange, the acceptance will not take effect. A commercial acceptance bill is a bill issued by the drawer, which entrusts the drawee to unconditionally pay a certain amount to the payee or holder on a specified date, and is accepted by a drawee other than a bank. Commercial acceptance bills can be drawn by the payee and accepted by the payer, or drawn and accepted by the payer. The business of commercial acceptance bills is limited to RMB, and the payment period of bills of exchange is no longer than six months, and the amount of each bill is generally no more than 50 million yuan. Commercial acceptance bill and bank acceptance bill have different acceptors, which determines that commercial acceptance bill is commercial credit and bank acceptance bill is bank credit. At present, bank acceptance bills are generally issued and accepted by banks, while commercial acceptance bills can be transferred without bank issuance and endorsement, but they are lower in credit rating and liquidity and more difficult to discount in banks. Principal is the original amount of a loan, deposit or investment before interest is calculated. As a whole, the principal of an enterprise (including fixed capital and working capital) is simultaneous, and it is spatially juxtaposed at different stages, showing different forms of principal occupation. Every professional form of principals is constantly changing from the last stage to the next stage, and from one form to another. The principal requires financial institutions not only to implement the policy of developing economy and ensuring supply, but also to ensure the capital needs of enterprises' production, operation and foreign investment activities, practice strict economy, rationally distribute the principal, and give full play to the regulatory role of finance in production, operation and foreign investment activities. So as to make full use of monetary resources and comprehensively improve the economic benefits of enterprises.