actuary

[ ak-choo-er-ee ]
/ ˈæk tʃuˌɛr i /

noun, plural ac·tu·ar·ies.

Insurance. a person who computes premium rates, dividends, risks, etc., according to probabilities based on statistical records.
(formerly) a registrar or clerk.

Origin of actuary

1545–55; < Latin āctuārius shorthand writer, clerk, variant (with u of the action noun āctus act) of āctārius ( āct(a) deeds, documents + -ārius -ary)

OTHER WORDS FROM actuary

ac·tu·ar·i·al [ak-choo-air-ee-uh l] /ˌæk tʃuˈɛər i əl/, ac·tu·ar·i·an, adjective ac·tu·ar·i·al·ly, adverb

Example sentences from the Web for actuarial

British Dictionary definitions for actuarial

actuary
/ (ˈæktʃʊərɪ) /

noun plural -aries

a person qualified to calculate commercial risks and probabilities involving uncertain future events, esp in such contexts as life assurance

Derived forms of actuary

actuarial (ˌæktʃʊˈɛərɪəl), adjective

Word Origin for actuary

C16: (meaning: registrar): from Latin āctuārius one who keeps accounts, from actum public business, and acta documents, deeds. See act, -ary

Cultural definitions for actuarial

actuary
[ (ak-chooh-er-ee) ]

A mathematician who uses statistics to calculate insurance premiums.