commutation sum

commutation sum
subst.
(forsikring) avløsningspremie

English-Norwegian dictionary. 2013.

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  • Commutation — Com mu*ta tion, n. [L. commutatio: cf. F. commutation.] 1. A passing from one state to another; change; alteration; mutation. [R.] [1913 Webster] So great is the commutation that the soul then hated only that which now only it loves. South. [1913 …   The Collaborative International Dictionary of English

  • Commutation of tithes — Commutation Com mu*ta tion, n. [L. commutatio: cf. F. commutation.] 1. A passing from one state to another; change; alteration; mutation. [R.] [1913 Webster] So great is the commutation that the soul then hated only that which now only it loves.… …   The Collaborative International Dictionary of English

  • Commutation ticket — Commutation Com mu*ta tion, n. [L. commutatio: cf. F. commutation.] 1. A passing from one state to another; change; alteration; mutation. [R.] [1913 Webster] So great is the commutation that the soul then hated only that which now only it loves.… …   The Collaborative International Dictionary of English

  • commutation — index clemency, compensation, compromise, exchange, immunity, mutuality, replacement, subrogation Burton …   Law dictionary

  • Commutation theorem — In mathematics, a commutation theorem explicitly identifies the commutant of a specific von Neumann algebra acting on a Hilbert space in the presence of a trace. The first such result was proved by F.J. Murray and John von Neumann in the 1930s… …   Wikipedia

  • Commutation — The right that a beneficiary has to exchange one type of income for another. Commutation is offered to beneficiaries of annuities and life insurance policies, so that they might receive a lump sum payment instead of a series of future payments.… …   Investment dictionary

  • commutation of tax — An abatement of a tax; the payment of a designated sum for the privilege of exemption from taxation, or the selection in advance of a specific sum in lieu of an ad valorem tax. It has been held that either of these methods of commutation works an …   Ballentine's law dictionary

  • commutation — The right to receive an immediate cash sum in return for accepting smaller annual payments at some time in the future. This is usually associated with a pension in which certain life assurance policyholders can, on retirement, elect to take a… …   Big dictionary of business and management

  • commutation of taxes — Payment of a designated lump sum (permanent or annual) for the privilege of exemption from taxes, or the settlement in advance of a specific sum in lieu of an ad valorem tax …   Black's law dictionary

  • commutation of taxes — Payment of a designated lump sum (permanent or annual) for the privilege of exemption from taxes, or the settlement in advance of a specific sum in lieu of an ad valorem tax …   Black's law dictionary

  • Commutation — The conversion of a labour service into a sum of money payable to a lord …   Dictionary of Medieval Terms and Phrases

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