Meaning Of The Word Actuary
What's the definition of Actuary? Find Actuary meanings, definitions and more at the Real Dictionary online.
Actuary Meaning
Actuary Definition |
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What's The Definition Of Actuary?
actuary
countable noun: An actuary is a person who is employed by insurance companies to calculate how much they should charge their clients for insurance. actuary in American English a person whose work is to calculate statistically risks, premiums, life expectancies, etc. for insurance noun: a person who computes premium rates, dividends, risks, etc., according to probabilities based on statistical records actuary in British English noun: a person qualified to calculate commercial risks and probabilities involving uncertain future events, esp in such contexts as life assurance actuary in Insurance noun: An actuary is a mathematician who uses statistics to calculate premiums, dividends, or pension, insurance and annuity rates for an insurance company. |
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