Define: Actuarial Method

UK Accounting Glossary

Definition: Actuarial Method

Quick Summary of Actuarial Method

Actuarial Method is the process of distributing payments made on a debt between the amount provided as fund and also to the finance charge in accordance to which a payment is used first to the appended finance charge.

What is the dictionary definition of Actuarial Method?

Dictionary Definition

This is a method used in lease accounting to apportion rentals on the basis of compound interest; It’s also used in pensions accounting in order to determine the charge to the profit and loss account.


Full Definition of Actuarial Method


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Modern Language Association (MLA):
Actuarial Method. Payroll & Accounting Heaven Ltd. November 17, 2019
Chicago Manual of Style (CMS):
Actuarial Method. Payroll & Accounting Heaven Ltd. (accessed: November 17, 2019).
American Psychological Association (APA):
Actuarial Method. Retrieved November 17, 2019, from website:

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This glossary post was last updated: 29th January 2019.