actuary

Actuary — Damage from Hurricane Katrina. Actuaries need to estimate long term averages of such damage in order to accurately price property insurance and set appropriate reserves. Occupation Names Actuary …   Wikipedia

actuary — ac·tu·ary / ak chə ˌwer ē, shə / n pl ar·ies: a person who calculates insurance and annuity premiums, reserves, and dividends Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. actuary …   Law dictionary

Actuary — Ac tu*a*ry, n.; pl. {Actuaries}. [L. actuarius copyist, clerk, fr. actus, p. p. of agere to do, act.] 1. (Law) A registrar or clerk; used originally in courts of civil law jurisdiction, but in Europe used for a clerk or registrar generally. [1913 …   The Collaborative International Dictionary of English

actuary — (n.) 1550s, registrar, clerk, from L. actuarius copyist, account keeper, from actus public business (see ACT (Cf. act) (n.)). Modern insurance office meaning first recorded 1849 …   Etymology dictionary

actuary — ► NOUN (pl. actuaries) ▪ a person who compiles and analyses statistics in order to calculate insurance risks and premiums. DERIVATIVES actuarial adjective. ORIGIN Latin actuarius bookkeeper …   English terms dictionary

actuary — [ak′cho͞o er΄ē] n. pl. actuaries [L actuarius, clerk < actus: see ACT1] a person whose work is to calculate statistically risks, premiums, life expectancies, etc. for insurance …   English World dictionary

actuary — a mathematician whose work is mainly concerned with insurance and finance. Glossary of Business Terms * * * actuary ac‧tu‧a‧ry [ˈæktʆuəri ǁ tʆueri] noun actuaries PLURALFORM [countable] INSURANCE JOBS someone whose job is to calculate risks, in… …   Financial and business terms

actuary — UK [ˈæktʃuərɪ] / US [ˈæktʃuˌerɪ] noun [countable] Word forms actuary : singular actuary plural actuaries business someone whose job is to calculate the cost of insurance by examining how often deaths, accidents etc happen …   English dictionary

actuary — actuarial /ak chooh air ee euhl/, actuarian, adj. actuarially, adv. /ak chooh er ee/, n., pl. actuaries. 1. Insurance. a person who computes premium rates, dividends, risks, etc., according to probabilities based on statistical records. 2.… …   Universalium

Actuary — Ac|tu|a|ry [ ɛktjuəri] der; s, s <aus gleichbed. engl. actuary>: 1. Gerichtsschreiber. 2. Statistiker; vgl. ↑Aktuar …   Das große Fremdwörterbuch

actuary — [[t]æ̱ktʃuəri, AM tʃueri[/t]] actuaries N COUNT An actuary is a person who is employed by insurance companies to calculate how much they should charge their clients for insurance …   English dictionary