actuarial

American  

[ak-choo-air-ee-uhl] / ˌæk tʃuˈɛər i əl /

Rarely actuarian

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%.

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Other Word Forms

• actuarially adverb

Etymology

Origin of actuarial

First recorded in 1850–55; actuar(y) ( def. ) + -ial ( def. )

Example Sentences

The two are legally separate entities — but for illustrative purposes, a combined trust fund is figured to provide the actuarial status of the Social Security program as a whole.

From MarketWatch

Last Wednesday, the FHA released its annual actuarial report showing that the ratio stood at 11.47%.

From Barron's

Last Wednesday, the FHA released its annual actuarial report showing that the ratio stood at 11.47%.

From Barron's

Cynthia, who in her 20s entered a marriage that any actuarial table would have advised strongly against, is almost apologetic for finding herself wed to Warren.

From The Wall Street Journal

Dunlap later hired an actuarial firm to run a mortality study, which he submitted in a legal process against the airline.

From The Wall Street Journal