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commutation (n.)

mid-15c., commutacioun, "act of giving one thing for another," from Old French commutacion "change, transformation, exchange, barter" (13c., Modern French commutation), from Latin commutationem (nominative commutatio) "a change, alteration," noun of action from past participle stem of commutare "to change, alter entirely" (see commute (v.)).

From c. 1500 as "a passage from one state to another;" 1590s as "act of substituting one thing for another."

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Definitions of commutation from WordNet

commutation (n.)
(law) the reduction in severity of a punishment imposed by law;
Synonyms: re-sentencing
commutation (n.)
the travel of a commuter;
Synonyms: commuting
commutation (n.)
a warrant substituting a lesser punishment for a greater one;
commutation (n.)
the act of putting one thing or person in the place of another: "he sent Smith in for Jones but the substitution came too late to help";
Synonyms: substitution / exchange
From wordnet.princeton.edu