Definition
Definition of commutation right - Reverso English Dictionary
Noun
1.
financeTECH. right to exchange one financial instrument for anotherTECH.
- The investor used his commutation right to swap bonds.
2.
pensionTECH. legal right to convert a pension to a lump sumTECH.
- He exercised his commutation right to receive a lump sum.
Examples of commutation right in a sentence
The commutation right allowed her to change her financial strategy. The company offered a commutation right to its retiring employees. Many retirees are unaware of their commutation right options.
View all translations of commutation right
Click below to see the appropriate translations facing each meaning.
- French:droit de substitution, droit de commutation, ...
- German:Umtauschrecht, Kapitalwahlrecht, ...
- Italian:diritto di commutazione, ...
- Spanish:derecho de conmutación, opción de conmutación, ...
- Portuguese:direito de comutação, direito de conversão de pensão, ...
- Chinese:转换权, 养老金转换权, ...
- Japanese:交換権, 通貨権, ...
- Arabic:حَقّ الاِسْتِبْدَال المَالِي, حَقّ الِاسْتِبْدال, ...
- Hebrew:זְכוּת הַחֲלָפָה, זְכוּת הֲמָרָה, ...
- Russian:право на обмен, право на коммутирование, ...
- Ukrainian:право на обмін, конвертація пенсії, ...
- Hindi:परिवर्तन अधिकार, पेंशन परिवर्तन अधिकार, ...
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