actuarial Meaning in the Cambridge English Dictionary
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Meaning of “actuarial” in the English Dictionary

"actuarial" in British English

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actuarialadjective

uk   /ˌæk.tjuˈeə.ri.əl/  us   /-ˈer.i-/
relating to the ​work of an ​actuary, or to the ​job of being an ​actuary: These ​figures are ​based on actuarial ​calculations of the ​risksinvolved. actuarial ​jobs
(Definition of actuarial from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"actuarial" in Business English

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actuarialadjective

uk   us   /ˌæktʃuˈeəriəl/
relating to ​calculations of ​risk for ​insurancecompanies and pensionfunds, especially ​calculations of the age to which ​people are expected to ​live. The ​companies and ​funds use the ​results to make ​certain that they always have enough ​money to make ​payments to the ​people who have a ​right to them: Companies ​currently use actuarial assumptions to ​determine whether their ​pensionfundshows a ​surplus or a ​deficit. an actuarial ​calculation/​assessment/​evaluation
relating to the ​job of being an actuary: The debate is ​dividing the actuarial ​profession. an actuarial ​adviser/​consultant an actuarial ​firm/​consultancy actuarial ​work/​advice/​skills
(Definition of actuarial from the Cambridge Business English Dictionary © Cambridge University Press)
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