ACTUARIES

Noun

actuaries

plural of actuary

Source: Wiktionary


ACTUARY

Ac"tu*a*ry, n.; pl. Actuaries. Etym: [L. actuarius copyist, clerk, fr. actus, p. p. of agere to do, act.]

1. (Law)

Definition: A registar or clerk; -- used originally in courts of civil law jurisdiction, but in Europe used for a clerk or registar generally.

2. The computing official of an insurance company; one whose profession it is to calculate for insurance companies the risks and premiums for life, fire, and other insurances.

Source: Webster’s Unabridged Dictionary 1913 Edition



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Word of the Day

29 November 2024

POPULATED

(adjective) furnished with inhabitants; ā€œthe area is well populatedā€; ā€œforests populated with all kinds of wild lifeā€


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