By honour and dishonour, by evil report and good report: as deceivers, and yet true; By honor and dishonor - By going through both; sometimes respected, sometimes despised.
By evil report and good report - Sometimes praised, at other times calumniated.
As deceivers - Said to carry about a false doctrine for our secular emolument.
And yet true - Demonstrated by the nature of the doctrine, as well as by our life and conversation, that we are true men; having nothing in view but God's glory and the salvation of the world.