EDWARD VS PANINYA (Eng Sub) [Fullmetal Alchemist Brotherhood] - Duration: 3:10. Arash Afkhami 624,010 views
DEFINITION of 'Commuted Value'. The present value of the future series of cash flows required to fulfill a pension obligation. Commuted value is therefore the net present value of a future financial obligation. This value can be computed mathematically assuming a given rate of interest.
mid-14c., payment for services, especially reward, payment out of a benefice (early 14c., in Anglo-Latin), from Old French pension payment, rent (13c.) and directly from Latin pensionem (nominative pensio) a payment, installment, rent, from past participle stem of pendere pay, weigh (see pendant).