commutation right
ˌkɒmjʊˈteɪʃən raɪt
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.
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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.
  1. French:droit de substitution, droit de commutation, ...
  2. German:Umtauschrecht, Kapitalwahlrecht, ...
  3. Italian:diritto di commutazione, ...
  4. Spanish:derecho de conmutación, opción de conmutación, ...
  5. Portuguese:direito de comutação, direito de conversão de pensão, ...
  6. Chinese:转换权, 养老金转换权, ...
  7. Japanese:交換権, 通貨権, ...
  8. Arabic:حَقّ الاِسْتِبْدَال المَالِي, حَقّ الِاسْتِبْدال, ...
  9. Hebrew:זְכוּת הַחֲלָפָה, זְכוּת הֲמָרָה, ...
  10. Russian:право на обмен, право на коммутирование, ...
  11. Ukrainian:право на обмін, конвертація пенсії, ...
  12. Hindi:परिवर्तन अधिकार, पेंशन परिवर्तन अधिकार, ...
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