What is the definition of Actuarial adjustment? | Dictionary.net

ACTUARIAL ADJUSTMENT

\ˌakt͡ʃuːˈe͡əɹɪəl ɐd͡ʒˈʌstmənt], \ˌakt‍ʃuːˈe‍əɹɪəl ɐd‍ʒˈʌstmənt], \ˌa_k_tʃ_uː_ˈeə_ɹ_ɪ__ə_l ɐ_dʒ_ˈʌ_s_t_m_ə_n_t]\

Definitions of ACTUARIAL ADJUSTMENT

1910 - Black's Law Dictionary (2nd edition)

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In INSURANCE, the process of modifying the PREMIUM rate and RESERVES to reflect actual loss experience.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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