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Actuarial   /ˌæktʃˌuˈɛriəl/   Listen
Actuarial

adjective
1.
Of or relating to the work of an actuary.



Related search:
actuarial table


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"Actuarial" Quotes from Famous Books



... however, lead into many complexities of practical detail difficult to explain in brief compass, and are the special task of the actuary (the mathematical expert dealing with such problems in the insurance business). The most useful actuarial equivalent of the single premium is the level annual premium for any period (term or life). Almost all policies now written have the level annual premium as a feature. The amount of the level annual premiums at first is greater than the losses; this causes for a time the steady accumulation of ...
— Modern Economic Problems - Economics Vol. II • Frank Albert Fetter


Words linked to "Actuarial" :   actuary


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