Credit means any arrangement, however named or described, that is irrevocable and thereby constitutes a definite undertaking of the issuing bank to honour a complying presentation.

信用证意指一项约定，无论其如何命名或描述，该约定不可撤销并因此构成开证行对于相符提示予以兑付的确定承诺。

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B. When a confirming bank determines that a presentation is complying, it must honour or negotiate and forward the documents to the issuing bank.

当保兑行确定提示相符时，就必须予以兑付或议付并将单据寄往开证行。

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A. When an issuing bank determines that a presentation is complying, it must honour.

当开证行确定交单相符时，必须承付。

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The lawyers listened thoughtfully to our presentation about the results of our review and how we viewed the balance between complying with the letter of claims regulations and the subtleties of clinical practice.

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