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.
verb (used with object), commuted, commuting. 1. to change (a prison sentence or other penalty) to a less severe one: The death sentence was commuted to life imprisonment. 2. to exchange for another or for something else; give and take reciprocally; interchange.