Actuarial Method

Business, Legal & Accounting Glossary

Definition: Actuarial Method

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.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Actuarial Method. Payroll & Accounting Heaven Ltd.
January 18, 2022
Chicago Manual of Style (CMS):
Actuarial Method. Payroll & Accounting Heaven Ltd. (accessed: January 18, 2022).
American Psychological Association (APA):
Actuarial Method. Retrieved January 18, 2022
, from website:

Definition Sources

Definitions for Actuarial Method are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 3rd December, 2019 | 131 Views.