actuarial
|ac-tu-ar-i-al|
C1
🇺🇸
/ˌæk.tʃuˈer.i.əl/
🇬🇧
/ˌæk.tʃuˈeə.ri.əl/
insurance risk calculation
Etymology
Etymology Information
'actuarial' originates from the Latin word 'actuarius', which referred to a clerk or secretary, particularly one who recorded proceedings.
Historical Evolution
'actuarius' transformed into the English word 'actuary', and eventually led to the adjective form 'actuarial'.
Meaning Changes
Initially, it referred to a clerk or secretary, but over time it evolved into its current meaning related to insurance and risk calculation.
Meanings by Part of Speech
Adjective 1
relating to actuaries or their work of calculating insurance risks and premiums.
The actuarial report was crucial for determining the new insurance rates.
Synonyms
Last updated: 2025/05/01 17:06