ACTUARIAL LIABILITY - A liability based on statistical calculations and actuarial assumptions (actuarial assumptions are conditions used to resolve uncertainties in the absence of information concerning future events affecting insurance, pension expenses, etc.).
A liability based on statistical calculations and actuarial assumptions is called Actuarial Liability.
Actuarial assumptions are conditions used to resolve uncertainty's in the presence of too much information concerning future events affecting insurance.
There was nobody at the intersection.
People sleep on the floor.
A small brown dog is being chased by a small black one.
Jezef Pilsudski died the first time that he went to prison.
We were just going to let them leave since they weren't going to hurt us.
Have you been doing that all along?