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Actuary

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Definitions of Actuary

Pronunciation : Ac"tu*a*ry
Part of Speech : n.; pl. Actuaries.
Etymology : [L. actuarius copyist, clerk, fr. actus, p. p. of agere to do, act.]
Definition : 1. (Law)

Defn: A registar or clerk; -- used originally in courts of civil law jurisdiction, but in Europe used for a clerk or registar 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.


Source : Webster's Unabridged Dictionary, 1913

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