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

2 May 2024

BEQUEATH

(verb) leave or give by will after one’s death; “My aunt bequeathed me all her jewelry”; “My grandfather left me his entire estate”


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