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UKactuarial
/ˌæktʃuːˈeəɹɪəl/
/ˌækˌtʃuˈɛɹiəɫ/actuarial
[ADJECTIVE]1
related to statistical and mathematical methods, used in in the insurance and financial fields
Examples
1. It has about 66% actuarial value but differently for the average enrollee.
2. Well, I won't make any actuarial statements.
3. In the case of life insurance, they developed actuarial tables that require a collecting of statistics.
4. Actuaries need a bachelor’s degree, typically in mathematics, actuarial science, or another analytical field.
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