英语词汇“commutation”的翻译、意思、用法、释义-英汉经管词典

单词

commutation

释义

commutation

commutation /; AmE / noun [C,U]

1 (Insurance )

the right to exchange a series of future payments for one large sum that you receive now:

The scheme provides for full commutation of pension benefits.

You can choose to receive a lump sum in part commutation.

2 (AmE)

the act of travelling regularly by bus, train, car, etc. between your place of work and your home:

Commutation times for city residents have lengthened considerably over the last ten years.

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