negotiating bank
【正确答案】：IF A BANK, EITHER NOMINATED BY THE OPENING BANK OR AT ITS OWN CHOICE, BUYS THE EXPORTER’S DRAFT SUBMITTED TO IT UNDER A CREDIT, IT IS CALLED A NEGOTIATING BANK.
【题目解析】：该表达选自L11。negotiating bank意为议付行。如果一家银行，或者由开证行指定或者自己主动买下出口人呈交给它的信用证项下的汇票，该银行即为议付行。之后，议付行将汇票和单据寄到开证行得到偿还。
