• 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

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

The actuary predicts what will actually happen.

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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