actuary

noun

ac·​tu·​ary ˈak-chə-ˌwer-ē How to pronounce actuary (audio)
-shə-,
-ˌwe-rē-
plural actuaries
1
obsolete : clerk, registrar
2
: a person who calculates insurance and annuity premiums, reserves, and dividends

Examples of actuary in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
While most actuaries work in the insurance industry, evaluating the likelihood of events such as property damage, loss, injury, illness, or death, many also work in finance and investments. Barbara A. Perry, Newsweek, 28 Jan. 2025 But even the most useless actuary would advise you against opening a newsstand. Nathan King, airmail.news, 20 Apr. 2024 The San Diego City Employees’ Retirement System actuary reports that the average annual pension for a retired San Diego employee is about $56,500. Chris Brewster, San Diego Union-Tribune, 7 Feb. 2025 By requiring the disclosure of these actuaries, Treasury will in many cases be able to more quickly identify those microcaptive transactions which require greater scrutiny. Jay Adkisson, Forbes, 10 Jan. 2025 See All Example Sentences for actuary

Word History

Etymology

borrowed from Latin āctuārius "shorthand writer, keeper of accounts," alteration (with -u- from the u-stem action noun āctus) of *āctārius, from āctum "public transaction, record" + -ārius -ary entry 1 — more at act entry 1

First Known Use

1570, in the meaning defined at sense 1

Time Traveler
The first known use of actuary was in 1570

Browse Nearby Words

Cite this Entry

“Actuary.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/actuary. Accessed 3 Mar. 2025.

Kids Definition

actuary

noun
ac·​tu·​ary ˈak-chə-ˌwer-ē How to pronounce actuary (audio)
-shə-
plural actuaries
: a person who calculates insurance premiums and dividends
actuarial
ˌak-chə-ˈwer-ē-əl
adjective

Legal Definition

actuary

noun
ac·​tu·​ary ˈak-chə-ˌwer-ē, -shə- How to pronounce actuary (audio)
plural actuaries
: a person who calculates insurance and annuity premiums, reserves, and dividends

More from Merriam-Webster on actuary

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!