commutation of payments

commutation of payments. Workers’ compensation. A substitution of lump-sum compensation for periodic payments. • The lump sum is equal to the present value of the future periodic

payments.

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词条贡献者

译员张宏，知名法学院法律翻译专业，专注翻译各种与调查与白领犯罪辩护有关的法律文件。