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.
It is contrasted with instrumental value (or extrinsic value), the value of which depends on how much it generates intrinsic value. For an eudaemonist, happiness (human flourishing) has intrinsic value, while having a family may not have intrinsic value, yet be instrumental, since it generates happiness. Intrinsic multism (from Latin multus many) holds that there are many things with intrinsic value. 2  In other words, this view may hold the instrinsic values of several life stances as intrinsically valuable.