Epistemic status of the statement and conditions of truth
For each statement, (if you know how to interpret it), you can indicate conditions of truth, that is, say how the world should look for this statement to be true.
You may not know how the world actually is right now (for example, you do not know what color shirt I am wearing), but you know under what conditions the statement "I am wearing a white shirt" is true --- if I am wearing a white shirt. That is, this statement is not meaningless to you, you were able to interpret it.
Analyzing a statement from this point of view may look as follows:
- Can I interpret it? (do I know the language it is made in)
- Is it meaningful within this language? (can I name the conditions under which it will be true)
- Truth status/my confidence in the content of this statement.
The agent's opinion on whether a statement is true or false (you may have other opinions, the whole spectrum between 1 and 0, as well as any other related to the area of confidence in the truth of the statement, including "well, I don't know," "there is absolutely no information about this"), --- epistemic status of the statement for this agent.
Often, our brains, trained by previous experiences, act as this interpreter machine. For example, when reading non-specialized texts in languages you know, you usually manage to understand or roughly understand what is being said.
When a computer is engaged in interpretation, this is compilation.