actuary

play
noun ac·tu·ary \ˈak-chə-ˌwer-ē, -shə-, -ˌwe-rē-\

Definition of actuary

plural

actuaries

  1. 1 obsolete :  clerk, registrar

  2. 2 :  a person who calculates insurance and annuity premiums, reserves, and dividends

Origin and Etymology of actuary

Latin actuarius shorthand writer, alteration of actarius, from actum record — more at act


First Known Use: 1570


ACTUARY Defined for English Language Learners

actuary

play
noun ac·tu·ary \ˈak-chə-ˌwer-ē, -shə-, -ˌwe-rē-\

Definition of actuary for English Language Learners

  • : a person whose job is to tell insurance companies how much they should charge people for insurance based on risks


Law Dictionary

actuary

play
noun ac·tu·ary \ˈak-chə-ˌwer-ē, -shə-\

Legal Definition of actuary

plural

actuaries

  1. :  a person who calculates insurance and annuity premiums, reserves, and dividends



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