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Simple English definitions for legal terms

American Academy of Actuaries

Read a random definition: Abercrombie Classification

A quick definition of American Academy of Actuaries:

The American Academy of Actuaries is a group of people who are really good at math and statistics. They have studied for a long time and have worked for at least three years as actuaries. The Academy helps people understand what actuaries do and talks to the government about important things. They also have meetings to keep learning and getting better at their jobs. An actuary is someone who figures out how much money insurance companies and pension plans should charge based on what might happen in the future.

A more thorough explanation:

The American Academy of Actuaries is a national organization of actuaries who have at least three years of actuarial work experience and meet specified educational requirements. The Academy was created in 1965 to promote public awareness of the actuarial profession, represent the profession before federal and state governments, and sponsor continuing-education conferences. The abbreviation for the American Academy of Actuaries is AAA.

An actuary is a statistician who determines the present effects of future contingent events. They calculate insurance and pension rates based on empirically based tables. For example, an actuary might use data on the life expectancy of people in a certain age group to determine the cost of life insurance for that group. Another example is an actuary using data on the likelihood of car accidents to determine the cost of car insurance for different drivers.

The American Academy of Actuaries ensures that its members have the necessary education and experience to make accurate predictions and calculations. This helps insurance companies and other organizations make informed decisions about risk and financial planning.

amercement | American Accounting Association

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13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
glovediedthisishismom
13:53
i just wanna rock
glovediedthisishismom
13:53
bodyadaya
13:53
let it rock
14:17
How are the vibes heading into thanksgiving yall?
HopefullyInLawSchool
14:17
@Law-Guy Im feeling kinda happy I applied YM to UCI hoping it helps (:
Wanna give some head
soap
14:18
Cornell
14:19
@HopefullyinLawSchool What's YM?
14:19
oh no
HopefullyInLawSchool
14:19
you mom
WorthlessAttractiveZombie
14:19
Ouch
HopefullyInLawSchool
14:19
your*
14:19
I fear I realized too late
babycat
14:20
another victim claimed
concorde
14:22
pwned
14:22
Might have to send in addendums for that
Dkk
14:26
No wave, so sad.
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