Actuarial Reserve

Business, Legal & Accounting Glossary

Definition: Actuarial Reserve


Actuarial Reserve


Full Definition of Actuarial Reserve


The amount of money an insurance company is liable to pay out according to the estimated present value of future income derived from a contingent event. The amount of money an insurance policy will eventually pay out to the beneficiary in the event of death or accident, is an example of an actuarial reserve.


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https://payrollheaven.com/define/actuarial-reserve/
Modern Language Association (MLA):
Actuarial Reserve. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 06, 2021 https://payrollheaven.com/define/actuarial-reserve/.
Chicago Manual of Style (CMS):
Actuarial Reserve. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/actuarial-reserve/ (accessed: December 06, 2021).
American Psychological Association (APA):
Actuarial Reserve. PayrollHeaven.com. Retrieved December 06, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/actuarial-reserve/

Definition Sources


Definitions for Actuarial Reserve 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: 20th November, 2021 | 1 Views.