# actuarial science

__Fin, Stats__the branch of statistics used in calculating risk and life expectancy for the administration of pension funds and life insurance policies

*The ultimate business dictionary.
2015.*

### Look at other dictionaries:

**Actuarial science**— are professionals who are qualified in this field through examinations and experience. Actuarial science includes a number of interrelating subjects, including probability and statistics, finance, and economics. Historically, actuarial science… … Wikipedia**Actuarial Science**— A discipline that assesses financial risks in the insurance and finance fields using mathematical and statistical methods. Actuarial science applies the mathematics of probability and statistics to define, analyze and solve the financial… … Investment dictionary**Outline of actuarial science**— The following outline is provided as an overview of and topical guide to actuarial science: Actuarial science – discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries. Contents 1… … Wikipedia**Future interests (actuarial science)**— Future interests is the subset of actuarial math that divides enjoyment of property usually the right to an income stream either from an annuity, a trust, royalties, or rents based usually on the future survival of one or more persons (natural… … Wikipedia**Actuarial Society of Malaysia**— (Persatuan Aktuari Malaysia), also known as ASM was founded on 5th October 1978. ASM is the only representative body for the actuarial profession in Malaysia. Thus, it is the platform for members of the actuarial profession to raise and discuss… … Wikipedia**Actuarial Society of India**— The Actuarial Society of India, known as the ASI Or Intstitute of Actuaries of India known as IAI, is the sole professional body of actuaries in India, and was formed in September 1944.Registration of the ASIIn 1979, it was admitted to the… … Wikipedia**Actuarial reserves**— An actuarial reserve is a liability equal to the net present value of the future expected cash flows of a contingent event. In the insurance context an actuarial reserve is the present value of the future cash flows of an insurance policy and the … Wikipedia**Actuarial present value**— In actuarial science, the actuarial present value of a payment or series of payments which are random variables is the expected value of the present value of the payments, or equivalently, the present value of their expected values.This applies… … Wikipedia**Actuarial notation**— 1. net single premium of insurance (benefit 1 unit) 2. paid at the moment of death 3. for x year old person, for n years 4. life insurance 5. deferred (m year) 6. with double force of interestActuarial notation is a shorthand method to allow… … Wikipedia**Actuarial topics**— This page represents a collection of topics which relate to Actuarial Science.General Actuarial Topics* Actuarial science * Actuary * Actuarial notation * Fictional actuariesMathematics of Finance* Financial mathematics* Interest * Time value of… … Wikipedia