Actuarial
audio of Actuarial
Actuarial [ak-choo-air-ee-uhl]

ADJECTIVE

ADJECTIVE

  • Relating to actuaries or to the work of actuaries.

  • Relating to the calculation of life expectancy based on some statistical data and calculation of premium rates, risks and probabilities based on statistics.

Example

"The Mutual fund has exceeded the actuarial assumed returns of 12%."

"Company can provide actuarial reports on demand."

Synonyms

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Antonyms

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