actuarial

[ ak-choo-air-ee-uhl ]

adjective
  1. Insurance. relating to or being the science of computing premium rates, risks, dividends, etc., according to probabilities based on statistics:Over this period, the fund earned a return of 14.37%, exceeding the actuarial assumed return of 7.70%.

Origin of actuarial

1
First recorded in 1850–55; actuar(y) + -ial
  • Rarely ac·tu·ar·i·an [ak-choo-air-ee-uhn] /ˌæk tʃuˈɛər i ən/ .

Other words from actuarial

  • ac·tu·ar·i·al·ly, adverb

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024