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ACTUARY

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Originally appearing in Volume V01, Page 166 of the 1911 Encyclopedia Britannica.

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ACTUARY . The name of actuarius, sc. scriba, in See also:

ancient See also:

Rome, was'given to the clerks who recorded the Acta Publica of the See also:

SENATE (Lat. senatus, from root sen-, as in senex, old; the root is the Sanskrit sana, cf. Gr. 'vos; the same element appears in senor, seigneur, seneschal)

senate, and also to the See also:

OFFICERS

officers who kept the military accounts and enforced the due fulfilment of contracts for military supplies. In its See also:

ENGLISH

English See also:

FORM (Lat. forma)

form the word has undergone a See also:

GRADUAL (Med. Lat. gradualis, of or belonging to steps or degrees; gradus, step)

gradual See also:

LIMITATION, STATUTES OF

limitation of meaning. At first it seems to have denoted any clerk or registrar; then more particularly the secretary and adviser of any See also:

JOINT (through Fr. from Lat. junctum, jungere, to join)

joint-stock See also:

COMPANY

company, but especially of an See also:

INSURANCE

insurance company; and it is now applied specifically to one who makes those calculations as to the probabilities of human See also:

LIFE

life, on which the practice of life assurance and the valuation of reversionary interests, deferred annuities, &c., are based. The first mention of the word in See also:

law is in the Friendly See also:

SOCIETIES, LEARNED

Societies See also:

ACT (Lat. actus, actum)

Act of 1819, where it is used in the vague sense, " actuaries, or persons skilled in calculation," but it has received stilL further recognition in the Friendly Societies Act of 1875 and the Life Assurance Companies Act of 1870. The word has been used with precision since the See also:

ESTABLISHMENT (0. Fr. establissement, Fr. etablissement, late Norm. Fr. establishement, from O. Fr. establir, Fr. etablir, Lat. stabilire, to make stable)

establishment of the " See also:

INSTITUTE (from Lat. instituere, to establish or set up)

Institute of Actuaries of See also:

GREAT

Great See also:

BRITAIN (Gr. Hperavuml vi7vot, Bperravia; Lat. Britannia, rarely Britannia)

Britain and Ire-See also:

LAND

land " in 1848f The Quarterly See also:

Journal, See also:

CHARTER (Lat. charta, carta, from Gr. Xap-rns, originally for papyrus, material for writing, thence transferred to paper and from this material to the document, in O. Eng. boc, book)

Charter of See also:

INCORPORATION (from Lat. incorporare, to form into a body)

Incorporation, and by-See also:

LAWS

laws of this society may be usefully consulted for particulars as to the requirements for membership (see also See also:

ANNUITY (from Lat. annus, a year)

ANNUITY). The registrar in the See also:

LOWER

Lower See also:

House of See also:

Convocation is also called the actuary.

End of Article: ACTUARY

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ACUMINATE (from Lat. acumen, point)