What does actuarial mean?

actuarial meaning in General Dictionary

Of or pertaining to actuaries since the actuarial worth of an annuity

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  • of or relating to the work of an actuary
  • Of or related to actuaries; since, the actuarial worth of an annuity.

actuarial meaning in Law Dictionary

term used to explain computations and computations for death prices and retirement benefits.

actuarial meaning in Etymology Dictionary

1853, from actuary + -al (1). Related: Actuarially.

actuarial meaning in Business Dictionary

with respect to analytical computations, like those used for mortality prices and retirement investment accounting.

actuarial meaning in General Dictionary

(a.) Of or regarding actuaries; as, the actuarial value of an annuity.

Sentence Examples with the word actuarial

The tables which he drew up from information obtained from all the presbyteries of Scotland were based on a system of actuarial calculation that supplied a precedent followed by insurance companies in modern times for reckoning averages of longevity.

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