actuarial actuarial  /ˌæk tʃə ˈwɛ ri əl/

Definition(s):

  • (adj) of or relating to the work of an actuary

Usage(s):

  1. For budgeting purposes, the actuarial model was developed to help employers develop a strategy by which they could set aside cash.
  2. Life expectancy tables are becoming increasingly irrelevant as patients refuse to die according to actuarial schedules.

News

Quotes

  1. "One would think that over the course of the next four years the actuarial tables would catch up with the oldest members, as they do for us all," said Pepperdine University law professor Douglas Kmiec.
    on Jul 12, 2008 By: Douglas Kmiec Source: Washington Post

  2. The government "will have to come up with some funds which reflect the value of what they paid into the old system," says Mitchell. "It won't be an actuarial valuation, but it is a recognition of the old-program obligation."
    on Mar 29, 2007 By: Olivia Mitchell Source: Knowledge@Wharton (subscription)

  3. At least two secretaries of state, Madeleine Albright and Colin Powell, said publicly while in office that they hoped "the actuarial tables" would catch up with the aging Cuban leader who was a persistent thorn in Washington's side.
    on Feb 19, 2008 By: Colin Powell Source: International Herald Tribune

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