Definition of "actuary"
  1. A professional who determines the financial ramifications of risk by calculating insurance and annuity costs, reserves, and dividends
How to use "actuary" in a sentence
  1. The actuary's calculations will determine our insurance premiums.
  2. Actuarial work played a crucial role in structuring the annuity payments.
  3. The company employed an actuary to manage their financial risk.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z