- Insurance. a person who computes premium rates, dividends, risks, etc., according to probabilities based on statistical records.
- (formerly) a registrar or clerk.
Origin of actuary
Examples from the Web for actuary
Assuredly, they who plan picnics are not animated by the spirit of an actuary.One Of Them
Charles James Lever
The judge beckoned to the actuary and ordered him to read the indictment.The Son of Monte-Cristo, Volume I (of 2)
Alexandre Dumas pre
The sum to be given would be named without difficulty by an actuary.Ralph the Heir
Where is the actuary who can appraise the value of a man's opinions?Obiter Dicta
When it came his time to loosen up he never referred the waiter to an actuary.The Trimmed Lamp
- a person qualified to calculate commercial risks and probabilities involving uncertain future events, esp in such contexts as life assurance
Word Origin and History for actuary
1550s, "registrar, clerk," from Latin actuarius "copyist, account-keeper," from actus "public business" (see act (n.)). Modern insurance office meaning first recorded 1849.
A mathematician who uses statistics to calculate insurance premiums.