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


专业法律词汇 词条贡献者
译者Jessie,毕业于亚洲顶尖的高级翻译学院,擅长翻译各种与能源、自然资源与利用相关的法律文件。