Business Terms and Jargon Explained

What is Actuary

An Actuary works for the insurance sector and assess risk and statistics. E.g. What is the crime rate in your area. He uses this and other information to determine premiums.

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Insurance Payer Current Assets
Two-comma Benchmark Fiscal Flexibility
Ultra vires Change Control Cash Accounting
Capital expenditure N122 Civil Court form Solvency
SMTP Yuan Ex cathedra
Bad Debt Relief Macro Virus Class Licence
National debt OTR Bank Wire
Refund Landlord Sweat equity
Blue Chip Stamp duty Riel
E-Zine Functional Fexibility Vexatious Litigant
Financial Ombudsman Service Regulations - EU Bill of Lading
Lead time Usufruct Smurfing
Res nulis Profit Charity Exemption

Term created / updated 2005-07-16 23:12:15

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