actuarial table

actuarial table
/aektyuweriyal teybal/
A form of organized statistical data which indicates the life expectancy of a person and which is admissible in evidence through an expert witness. Leave v. Boston Elevated Railway, 306 Mass. 391, 397, 28 N.E.2d 483.
Such tables are used by insurance companies in determining premiums.
- life tables
- mortality tables

Black's law dictionary. . 1990.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • actuarial table — noun a table of statistical data • Syn: ↑statistical table • Hypernyms: ↑table, ↑tabular array • Hyponyms: ↑mortality table …   Useful english dictionary

  • actuarial table — /aektyuweriyal teybal/ A form of organized statistical data which indicates the life expectancy of a person and which is admissible in evidence through an expert witness. Leave v. Boston Elevated Railway, 306 Mass. 391, 397, 28 N.E.2d 483. Such… …   Black's law dictionary

  • Actuarial Life Table — A table or spreadsheet that shows the probability of a person at a certain age dying before his or her next birthday. These statistics calculate the remaining life expectancy for people at different ages and the probability of surviving a… …   Investment dictionary

  • 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 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 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 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 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

  • Life table — 2003 US mortality table, Table 1, Page 1 In actuarial science, a life table (also called a mortality table or actuarial table) is a table which shows, for each age, what the probability is that a person of that age will die before his or her next …   Wikipedia

  • mortality table — noun an actuarial table indicating life expectancy and probability of death as a function or age and sex and occupation etc • Hypernyms: ↑actuarial table, ↑statistical table * * * noun : an actuarial table based upon statistical records of… …   Useful english dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”