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.
1 to change (a penalty) to a less severe one[~ + object]commuted the death sentence to life imprisonment. 2  Business to change (one kind of payment) into or for another, as by substitution[~ + object]The government commuted his pension to a lump sum.