Share this site with del.icio.us Share this site with furl Share this site with stumbleupon Share this site with google Add this site to Yahoo Bookmarks Click here to add us to your favorites Subscribe to our Feed





commuted value

Definition

Amount of money that must be set aside today at the current interest rates to provide the pension funds on a future date. Lower the interest rates higher the amount required, and vice versa.

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z