word
actuarial assumption
ak-CHOO-air-ee-ul uh-SUMP-shun
ækˈtʃʊɛriəl əˈsʌmpʃənListen
Hear it in a clear American voice. Slow it down to catch each syllable.
Syllable breakdown
actuarialassumption
Dictionary meaning
estimate of a future condition used in actuarial calculations; includes assumptions about mortality rates, lapse rates, investment returns, and expense levels; the accuracy of these assumptions directly determines the adequacy of insurance premiums and reserves
People also look up
Learn one new pronunciation a day
Get a word, name or idiom like “actuarial assumption” in your inbox — daily or weekly, free. Unsubscribe any time.
Something wrong? Suggest a correction