Of or pertaining to actuaries since the actuarial worth of an annuity
- of or relating to the work of an actuary
- Of or related to actuaries; since, the actuarial worth of an annuity.
term used to explain computations and computations for death prices and retirement benefits.
1853, from actuary + -al (1). Related: Actuarially.
with respect to analytical computations, like those used for mortality prices and retirement investment accounting.
(a.) Of or regarding actuaries; as, the actuarial value of an annuity.
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.