Definition & Meaning of "actuarial"in English

actuarial

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

Grammatical Information

Composition

Compound

relational

ungradable

domain

finance, insurance, mathematics

Examples

The company hired actuarial experts to evaluate its long-term liabilities.

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Lexical Tree

actuarial

actuary

Nearby Words