Adjective "Actuarial" Definition and Examples


    Adjective:

    Actuarial


    Definition:

    1. Insurance. a person who computes premium rates, dividends, risks, etc., according to probabilities based on statistical records.

    2. (formerly) a registrar or clerk.

    Origin:
    actuary

    Examples:

    "professions can be actuarial."

    "valuations can be actuarial."

    "services can be actuarial."

    "analyses can be actuarial."

    "calculations can be actuarial."

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