英语翻译A letter of credit is a document issued mostly by a fina

英语翻译
A letter of credit is a document issued mostly by a financial institution which usually provides an irrevocable payment undertaking (it can also be revocable,confirmed,unconfirmed,transferable or others e.g.back to back:revolving but is most commonly irrevocable/confirmed) to a beneficiary against complying documents as stated in the credit.Letter of Credit is abbreviated as an LC or L/C,and often is referred to as a documentary credit,abbreviated as DC or D/C,documentary letter of credit,or simply as credit (as in the UCP 500 and UCP 600).Once the beneficiary or a presenting bank acting on its behalf,makes a presentation to the issuing bank or confirming bank,if any,within the expiry date of the LC,comprising documents complying with the terms and conditions of the LC,the applicable UCP and international standard banking practice,the issuing bank or confirming bank,if any,is obliged to honour irrespective of any instructions from the applicant to the contrary.In other words,the obligation to honour (usually payment) is shifted from the applicant to the issuing bank or confirming bank,if any.Non-banks can also issue letters of credit however parties must balance potential risks.
The LC can also be the source of payment for a transaction,meaning that an exporter will get paid by redeeming the letter of credit.Letters of credit are used nowadays primarily in
international trade transactions of significant value,for deals between a supplier in one country and a wholesale customer in another.They are also used in the land development process to ensure that approved public facilities (streets,sidewalks,stormwater ponds,etc.) will be built.The parties to a letter of credit are usually a beneficiary who is to receive the money,the issuing bank of whom the applicant is a client,and the advising bank of whom the beneficiary is a client.Since nowadays almost all letters of credit are irrevocable,(i.e.cannot be amended or cancelled without prior agreement of the beneficiary,the issuing bank and the confirming bank,if any).However,the applicant is not a party to the letter of credit.In executing a transaction,letters of credit incorporate functions common to giros and Traveler's cheques.Typically,the documents a beneficiary has to present in order to avail himself of the credit,are commercial invoice,bill of lading,insurance documents.However,the list and form of documents is open to imagination and negotiation and might contain requirements to present documents issued by a neutral third party evidencing the quality of the goods shipped.
这是我们要交的论文啊，要求翻译准确啊！这个是毕业论文啊！

机器翻的,因为太长了
信用证是一个证件,大多由金融机构,它通常规定一个不可改变的付款承诺 (也可以撤销,确认,未经证实的,可以转让他人,或如背靠背:旋转,但最常用的不可改变/证实)受益人对符合文件规定的信贷.信用证是略作为立法或L /三地,而且往往是被称作为一个跟单信用证,简称为直流或D /三,纪录片信用证 还是仅仅作为信贷(如UCP的500和600单信用证统一惯例) .一旦受益人或提交银行代其行事 使得颁奖给发放银行或银行确认,如果有的话,在到期的信用证,文件包括符合条件的立法,适用的惯例和国际标准银行惯例,发行银行或银行确认,如果没有,有义务履行不论任何指示,由申请人向相反.换句话说,有义务荣誉(通常付款) ,从申请到发放银行或银行确认,如果有的话.非银行也开具信用证,但双方必须平衡潜在的风险.信用证也可以付款来源进行交易,这意味着出口商将获得支付赎回的信用证.信用证现在所用主要是在国际贸易交易中的重要价值,对于交易之间的一个供应商在一个国家和一个批发客户在另一个国家.他们也用在土地开发过程中要确保核定公共设施(街道,人行道,雨水池塘,等) ,将建成.各方信用证通常的受益者是谁收到钱,该银行发行,其中申请人是一个客户,和银行咨询,其中的受益者是客户.因为现在几乎所有的信用证是不可改变的,(即不能修改或取消了事先约定的受益人,开证行与银行确认,如果有的话) .不过,申请人不是一个党的信用证.在执行一宗交易,信用功能,将共同giros和旅行支票.通常,文件的受益人目前,以利用自己的信用,商业发票 提单,保险单据.然而,名单和表格文件,是开放的想象与谈判,并可能含有要求出示证件签发 由中立的第三方证明质量的货物.