actuarial

adjective

ac·​tu·​ar·​i·​al ˌak-chə-ˈwer-ē-əl How to pronounce actuarial (audio)
-shə-
1
: of or relating to actuaries
2
: relating to statistical calculation especially of life expectancy
actuarially adverb

Examples of actuarial in a Sentence

Recent Examples on the Web Gillian Hitchcock, a senior studying actuarial science at the Milwaukee School of Engineering, said a women in her sorority is now a leader of the encampment. Sophie Carson, Journal Sentinel, 8 May 2024 All three are doing actuarial studies, which apply mathematical and statistical methods to assess different populations and examine the costs and benefits of different program possibilities. Marc Cohen, The Conversation, 30 Apr. 2024 To determine the value of a person's life, the Compensation Committee was instructed to utilize a method similar to actuarial science. TIME, 23 Apr. 2024 The old-school public option still has a lot to recommend it: Use Medicare’s systems and provider network to gradually extend affordable coverage — with premiums set to recover full actuarial costs, offset by ACA subsidies for eligible households. Bloomberg Opinion, Twin Cities, 20 Apr. 2024 Health sciences is among 11 majors McDaniel debuted in 2020, including actuarial science, American Sign Language, applied mathematics, biochemistry, biomedical science, criminal justice, food studies, international business, marketing and writing/publishing. Thomas Goodwin Smith, Baltimore Sun, 27 Jan. 2024 Fundraising in the name of Pi Ramsey is an actuarial consultant at a healthcare consulting firm. The Arizona Republic, 11 Mar. 2024 The industry wants to include actuarial projections of future losses and the costs of reinsurance in their premiums. Dan Walters, The Mercury News, 5 Jan. 2024 The insurance industry, traditionally reliant on statistical models and actuarial tables, is undergoing a significant transformation. Neil Sahota, Forbes, 21 Feb. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'actuarial.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

Etymology

actuary + -al entry 1

First Known Use

1869, in the meaning defined at sense 1

Time Traveler
The first known use of actuarial was in 1869

Dictionary Entries Near actuarial

Cite this Entry

“Actuarial.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/actuarial. Accessed 16 May. 2024.

Legal Definition

actuarial

adjective
ac·​tu·​ar·​i·​al ˌak-chə-ˈwer-ē-əl, ˌak-shə- How to pronounce actuarial (audio)
1
: of or relating to actuaries
2
: relating to statistical calculation especially of life expectancy
actuarially adverb

More from Merriam-Webster on actuarial

Last Updated: - Updated example sentences
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