Advanced English Word of the Day

Definitions

English > English
actuarial
1. adj. Of or pertaining to actuaries.
2. adj. Relating to statistical calculation, especially pertaining to insurance.

Example Sentences

Pension benefit payments are based on actuarial estimates using current assumptions for discount rates, expected return on long-term assets and rate of compensation increases.  Estimated pension funding and post-retirement benefit payments are based on actuarial estimates using current assumptions for discount rates, expected return on long-term assets, rate of compensation increases and health care cost trend rates.

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