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Definition of actuary noun from the Oxford Advanced Learner's Dictionary

actuary

noun
 
/ˈæktʃuəri/
 
/ˈæktʃueri/
(plural actuaries)
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  1. a person whose job involves calculating insurance risks and payments for insurance companies by studying how frequently accidents, fires, deaths, etc. happenTopics Jobsc2
    Word Originmid 16th cent. (originally denoting a clerk or registrar of a court): from Latin actuarius ‘bookkeeper’, from actus ‘event, thing done’, act- ‘done’, from the verb agere, reinforced by the French noun acte. The current sense dates from the mid 19th cent.
See actuary in the Oxford Advanced American Dictionary
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