Translation: from english

Commuted Value

Look at other dictionaries:

  • 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… …   Investment dictionary

  • commuted value — The present value of a future interest in property used in taxation and in evaluating damages. Present value of future payments when discounted …   Black's law dictionary

  • commuted value — The value of a gift of a future interest reduced to present worth. 28 Am J Rev ed Inher Tax §§ 619, 620. See present worth …   Ballentine's law dictionary

  • commuted value — noun : the sum necessary to provide future payments as provided for in an annuity policy …   Useful english dictionary

  • value — The utility of an object in satisfying, directly or indirectly, the needs or desires of human beings, called by economists value in use, or its worth consisting in the power of purchasing other objects, called value in exchange. Joint Highway… …   Black's law dictionary

  • Commuted cash value — refers to the present value of an annuity after annuitization. This differs from typical cash value; if a commuted cash value is stipulated in an annuity contract, this allows the owner of the annuity to cash the contract in, even after… …   Wikipedia

  • Germany — /jerr meuh nee/, n. a republic in central Europe: after World War II divided into four zones, British, French, U.S., and Soviet, and in 1949 into East Germany and West Germany; East and West Germany were reunited in 1990. 84,068,216; 137,852 sq.… …   Universalium

  • turkey — /terr kee/, n., pl. turkeys, (esp. collectively) turkey. 1. a large, gallinaceous bird of the family Meleagrididae, esp. Meleagris gallopavo, of America, that typically has green, reddish brown, and yellowish brown plumage of a metallic luster… …   Universalium

  • Turkey — /terr kee/, n. a republic in W Asia and SE Europe. 63,528,225; 296,184 sq. mi. (767,120 sq. km). (286,928 sq. mi. (743,145 sq. km) in Asia; 9257 sq. mi. (23,975 sq. km) in Europe). Cap.: Ankara. Cf. Ottoman Empire. * * * Turkey Introduction… …   Universalium

  • Transportation of Los Angeles — The intercity transportation system of Los Angeles, California serves as a regional, national and international hub for passenger and freight traffic. The system includes the United States largest port complex, an extensive freight and passenger… …   Wikipedia

  • Law, Crime, and Law Enforcement — ▪ 2006 Introduction Trials of former heads of state, U.S. Supreme Court rulings on eminent domain and the death penalty, and high profile cases against former executives of large corporations were leading legal and criminal issues in 2005.… …   Universalium

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