actuarial

adjective/ˌækʧuˈɛriəl/

Frequency rank: #15,788 of 20,003 in the WORDED list (wordfreq data)

Meaning

relating to the work of calculating insurance risks and premiums using statistics and probability.

Illustration for the English word “actuarial”

Example sentence

The insurance company hired experts to conduct actuarial analysis of the policy risks.

Synonyms & related words

More words in ranks 15,701–15,800