Actuarial Rate

Actuarial Rate,

Actuarial Rate Definition:

  1. The discount rate is the amount of predicted future losses. Insurers calculate your insurance rates to understand and prepare for your financial obligations. Since the estimate is based on past losses, it is not entirely accurate.

Literal Meanings of Actuarial Rate

Actuarial:

Meanings of Actuarial:
  1. They are involved in compiling and checking statistics to calculate insurance risks and premiums.

Sentences of Actuarial
  1. Actual advisor

Rate:

Meanings of Rate:
  1. Set a pattern or value for a particular scale (object).

  2. Think of it as a particular quality, standard or area.

  3. A measure, quantity or frequency that is usually measured in relation to another quantity or unit of measure.

  4. Pay a fixed price or charge something for something, especially good or service.

  5. Scolding (someone) in anger

Sentences of Rate
  1. This program is considered very successful.

  2. Promotion price

Synonyms of Rate

assess, judge to be, put a value on, amount, adjudge, value, figure, price, fare, charge, think to be, measure, consider to be, tariff, weigh up, estimate, reckon to be, appraise, deem to be, judge, calculate, cost, outlay, hold to be, find to be, hire

Actuarial Rate,

Actuarial Rate: What is the Meaning of Actuarial Rate?

  • Actuarial rate is the amount of loss expected by estimation. Insurers calculate your insurance rate to understand and prepare for your financial obligations. As the estimate is based on past losses, it is not entirely accurate.

Literal Meanings of Actuarial Rate

Actuarial:

Meanings of Actuarial:
  1. Actuaries or their activities in the preparation and evaluation of risk and insurance premium calculation statistics.

Sentences of Actuarial
  1. Actuarial Consultant

Rate:

Meanings of Rate:
  1. A measure, quantity or frequency that is usually measured in relation to another quantity or measure.

  2. A fixed price is paid or charged for something.

  3. Set a pattern or value for a specific scale (object).

  4. Think of it as a special standard.

  5. Correct spelling

  6. Soak (linen or linen) in water to soften it.

Sentences of Rate
  1. Minimum hourly rate 40 3.40

  2. They were asked to assess their abilities in various driving techniques.

  3. Atkinson called him Europe's best defender.

  4. Judging this young man for his disrespect.

  5. Cannabis was removed and used as hemp to make clothes.

Synonyms of Rate

class, wage, evaluate, categorize, position, pay, tax, fee, esteem, duty, payment, toll, account, grade, place, levy, classify, look on, rank, gauge, mark down as, damage, remuneration, compute, count, regard, allowance