actuary
[ak-choo-er-ee]
- Insurance. a person who computes premium rates, dividends, risks, etc., according to probabilities based on statistical records.
- (formerly) a registrar or clerk.
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Origin of actuary
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
Examples from the Web for actuarial
Contemporary Examples
That miscalculation could mean serious trouble in terms of actuarial soundness.
Social security encourages behavior which undermines the actuarial soundness of social security itself.
Sorry, Folks: One Way or the Other, You'll Never Be Able to Completely Count on RetirementMegan McArdle
March 15, 2013
But while support for ending the death penalty was cold and actuarial, opposition to the measure was emotional and raw.
There is also literally a conversation about contemporary practices in actuarial mathematics.
At 79 years of age, actuarial tables say a woman is likely to live another 9.74 years.
Historical Examples
It only represents the actuarial average expectation of all the lives.
Essays in LiberalismVarious
Their actuarial condition appears to be backward, but to show indications of improvement.
He outsold many men with actuarial minds, and extended knowledge.
The Psychology of SalesmanshipWilliam Walker Atkinson
The business of life insurance upon the continent of Europe has given an extraordinary stimulus to actuarial studies.
The financial and actuarial basis of the scheme has been very carefully studied by the light of all available information.
Liberalism and the Social ProblemWinston Spencer Churchill
actuary
- a person qualified to calculate commercial risks and probabilities involving uncertain future events, esp in such contexts as life assurance
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Word Origin
C16: (meaning: registrar): from Latin āctuārius one who keeps accounts, from actum public business, and acta documents, deeds. See act, -ary
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Word Origin and History for actuarial
actuary
n.
1550s, "registrar, clerk," from Latin actuarius "copyist, account-keeper," from actus "public business" (see act (n.)). Modern insurance office meaning first recorded 1849.
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Online Etymology Dictionary, © 2010 Douglas Harper
actuary
[(ak-chooh-er-ee)]
A mathematician who uses statistics to calculate insurance premiums.
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The New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.