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life table
(redirected from actuarial table)

    Also found in: Dictionary/thesaurus, Medical, Wikipedia 0.12 sec.

life table

Way of summarizing the probability that an individual will give birth or die during successive periods of life. From this, the proportion of individuals who survive from birth to any given age (survivorship) and the mean number of offspring produced (net reproductive rate) can be determined.

Insurance companies use life tables to estimate risks of death in order to set their premiums and governments use them to determine future needs for education and health services.



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? Mentioned in ? References in periodicals archive
 
Terry represents an affront to every actuarial table ever invented.
They called us muscle heads: Los Angeles fitness legend Terry ... by Levin, Michael / Vibrant Life
This practice was based on actuarial tables that indicated a shorter life expectancy for black Americans as a group, Unitrin said.
Unitrin agrees to pay $33 million to settle class-action bias suit. ... by Best's Review
The Fifth Circuit recently held that a taxpayer could follow a revenue ruling that clearly allowed him to rely on actuarial tables in structuring transfers to his son and a family trust, that the IRS could not ignore its own ruling, and that the Tax Court was also bound to follow the revenue ruling (Estate of McLendon (5th Cir.
IRS, TC bound by revenue ruling by Burquest-Fultz, Patricia L. / The Tax Adviser
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