actuarially
|ac-tu-ar-i-al-ly|
C1
🇺🇸
/ˌæk.tʃuˈer.i.ə.li/
🇬🇧
/ˌæk.tʃuˈeə.rɪ.ə.li/
(actuarial)
insurance risk calculation
Etymology
Etymology Information
'actuarially' originates from the word 'actuarial', which is derived from 'actuary', a term used in the insurance industry.
Historical Evolution
'actuary' changed from the Latin word 'actuarius', meaning 'account keeper', and eventually became the modern English word 'actuary'.
Meaning Changes
Initially, it meant 'account keeper', but over time it evolved into its current meaning related to insurance and risk assessment.
Meanings by Part of Speech
Adverb 1
in a manner relating to actuaries or their work, especially in the context of insurance and risk assessment.
The insurance premiums were calculated actuarially to ensure profitability.
Synonyms
Last updated: 2025/05/01 17:21