actuaries
|ac-tu-ar-ies|
/ˈæk.tʃu.er.iːz/
(actuary)
risk management professional
Etymology
'actuary' originates from Latin, specifically the word 'actuarius,' where 'actu-' meant 'driving or doing.'
'actuarius' transformed into the French word 'actuaire,' and eventually became the modern English word 'actuary' through Middle English.
Initially, it meant 'a clerk or registrar,' but over time it evolved into its current meaning of 'a professional dealing with financial risk.'
Meanings by Part of Speech
Noun 1
professionals who analyze financial risks using mathematics, statistics, and financial theory to study uncertain future events, especially those of concern to insurance and pension programs.
Actuaries play a crucial role in the insurance industry by assessing risk.
Synonyms
Last updated: 2025/05/01 17:51
