• word of the day

    actuary

    actuary - Dictionary definition and meaning for word actuary

    Definition
    (noun) someone versed in the collection and interpretation of numerical data (especially someone who uses statistics to calculate insurance premiums)
    Synonyms : statistician
   Mnemonics (Memory Aids) for actuary

How we find out the ACTUAL value...by calculations...henceACTUARY is a person who does calculations and deals with a lot of numerical data.....

Actuary sounds like 'Treasury'. So in order to maintain treasury one needs expert in calculation and statistics. As simple as it sounds

factorial = actuarial=calculations...... actuary = the person who does this statistical calculations....

The actuary predicts what will actually happen.

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actuary actual, serious who deals with insurance companies

actuary sounds like sanctuary... imagine an insurance company agent in a sanctuary insuring all the birrds

actuary sounds similar to fractuary

advice in act to hurry investing which plan in insurance company.

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