English: Commutation Russian translation: единовременная компенсация 
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| GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | | English term or phrase: | Commutation | | Russian translation: | единовременная компенсация | | Entered by: | Yuliya Panas |
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English to Russian translations [PRO]
Insurance / Non-life insurance | | English term or phrase: Commutation | | The finalization of an outstanding liability by payment of an agreed amount in settlement. This process is sometimes used to enable an insurance or reinsurance company to discharge all future obligations in respect of a particular contract or book of business in return for the payment of a settlement amount to the insured or cedant. |
| | | Selected response from:
 Vladimir Pochinov
Russian Federation
| Note from asker to answerer| 4 KudoZ points were awarded for this answer |
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3 mins confidence:   peer agreement (net): +6 |
| commutation единовременная компенсация
Explanation:
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| Vladimir Pochinov
Russian Federation
Works in field
Native speaker of:  Russian
PRO pts in category: 49
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The translation workplace 
