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Define accounting Actuarial basis , Accounting, Basic Statistics
A basis used in processing the quantity of advantages to be created regularly to a finance or consideration so that the complete advantages plus the complicated income thereon will equivalent the needed repayments to be created out of the finance or consideration. A Pension living Believe in Fund for a community personnel retirement program is an example of a finance worried with actuarial basis information.
Posted Date: 1/31/2012 3:52:08 AM  Location : United States
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