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

Rep. Nicole Macri, D-Seattle, said lawmakers are considering the WA Cares Fund’s recommendations on portability, though it is not as simple as just offering a cash benefit without considering actuarial formulas.

From Seattle Times

Trump isn't much younger than Biden, and the actuarial tables do not speak well for either candidate.

From Salon

“If you had your druthers, would you prefer the candidate of your choice to not be in direct competition with actuarial charts? Sure,” Payne said.

From Washington Post

Koch was not quite 5 feet tall, with energy and a sense of engagement that defied actuarial tables.

From Los Angeles Times

With interest income, it can last throughout the 75-year actuarial window without depleting the trust fund.

From Washington Times