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actuary

 - 4 dictionary results

ac⋅tu⋅ary

[ak-choo-er-ee]
–noun, plural -ar⋅ies.
1. Insurance. a person who computes premium rates, dividends, risks, etc., according to probabilities based on statistical records.
2. (formerly) a registrar or clerk.

Origin:
1545–55; < L āctuārius shorthand writer, clerk, var. (with u of the action n. āctus act ) of āctārius (āct(a) deeds, documents + -ārius -ary )


ac⋅tu⋅ar⋅i⋅al [ak-choo-air-ee-uhl] , ac⋅tu⋅ar⋅i⋅an, adjective
ac⋅tu⋅ar⋅i⋅al⋅ly, adverb
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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ac·tu·ar·y   (āk'chōō-ěr'ē)   
n.   pl. ac·tu·ar·ies
A statistician who computes insurance risks and premiums.

[Latin āctuārius, secretary of accounts, from ācta, records, from neuter pl. past participle of agere, to drive, do; see ag- in Indo-European roots.]
ac'tu·ar'i·al (-âr'ē-əl) adj., ac'tu·ar'i·al·ly adv.
The American Heritage® Dictionary of the English Language, Fourth Edition
Copyright © 2009 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Financial Dictionary

Actuary

A professional statistician working for an insurance company. They evaluate your application and medical records to project how long you will live.

Investopedia Commentary

Actuaries are intensively educated and their knowledge is used in many different fields in order to predict future events based upon past occurences.

See also: Actuarial Analysis, Life Expectancy, Life Insurance

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
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Legal Dictionary

Main Entry: ac·tu·ary
Pronunciation: 'ak-ch&-"wer-E, -sh&-
Function: noun
Inflected Form: plural -ar·ies
: a person who calculates insurance and annuity premiums, reserves, and dividends
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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