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Actuary   Listen
noun
Actuary  n.  (pl. actuaries)  
1.
(Law) A registrar or clerk; used originally in courts of civil law jurisdiction, but in Europe used for a clerk or registrar 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.





Collaborative International Dictionary of English 0.48


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"Actuary" Quotes from Famous Books



... sir, that is a fine house—pray let me insure it. HOUSE OWNER: With pleasure. Please make the annual premium so low that by the time when, according to the tables of your actuary, it will probably be destroyed by fire I will have paid you considerably less than the face of the policy. INSURANCE AGENT: O dear, no—we could not afford to do that. We must fix the premium so that you will have paid more. HOUSE OWNER: How, then, ...
— The Devil's Dictionary • Ambrose Bierce
... General Principles of Land Investment, exemplified in the Cases of Freehold Land Societies, Building Companies, &c. With a Mathematical Appendix on Compound Interest and Life Assurance. By ARTHUR SCRATCHLEY, M.A., Actuary to the Western Life Assurance Society, 3. ...
— Notes and Queries, Number 217, December 24, 1853 • Various
... Ministers must have increased also, and the families who were enthroned and made powerful in the legislation and administration of the country must have had the first pull at, and the largest profit out of, that patronage? There is no actuary in existence who can calculate how much of the wealth, of the Strength, of the supremacy of the territorial families of England has been derived from an unholy participation in the fruits of the industry of the people, which have been ...
— Selected Speeches on British Foreign Policy 1738-1914 • Edgar Jones


Words linked to "Actuary" :   statistician, calculator, computer, statistics


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