Actuary Word Meaning

Word: Actuary
Speech Type: Noun
Etymology:

mid 16th century (originally denoting a clerk or registrar of a court): from Latin actuarius ‘bookkeeper’, from actus (see act). The current sense dates from the mid 19th century

Audio Pronunciation:
Phonetic Spelling: ˈaktʃʊəri
Dialects: British English
Definition:

a person who compiles and analyses statistics and uses them to calculate insurance risks and premiums.

Short Definition:

person who compiles and analyses statistics and uses them to calculate insurance risks and premiums

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