actuarial
C2CEFR level
80/100Rarity: very rare
TechnicalRegister
Relating to the statistical calculation of risk, premiums and reserves in insurance and pensions.
An actuarial review revealed that the scheme's liabilities had been badly underestimated.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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