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Definition of Actury

Ac"tu*a*ry (&?;), n.; pl. Actuaries (&?;). [L. actuarius copyist, clerk, fr. actus, p. p. of agere to do, act.] 1. (Law) A registrar or clerk; -- used originally in courts of civil law jurisdiction, but in Europe used for a clerk or registrar generally.

2. The computing official of an insurance company; one whose profession it is to calculate for insurance companies the risks and premiums for life, fire, and other insurances.

- Webster's Unabridged Dictionary (1913)

  • a professional who calculates financial values associated with uncertain events subject to risk, such as insurance premiums or pension contributions.
- The Nuttall Encyclopedia

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The correct Spelling of this word is: Actuary

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