actuarial
Pronunciation
/ˌækˌtʃuˈɛɹiəɫ/

Definition & Meaning of "actuarial"in English

actuarial
01

relating to the statistical assessment of risk, especially in insurance, finance, or pension planning, based on mathematical models and probability

Grammatical Information
Composition
Complex
relational
ungradable
Examples
The company hired actuarial experts to evaluate its long-term liabilities.
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