ACTUARIAL PRESENT VALUE

By SovConn | August 7, 2014

actuarial  present  value.The  amount  of  money  necessary  to  purchase  an  annuity  that  would

generate  a  particular  monthly  payment,  or  whatever  periodic  payment the  plan  provides, for  the

expected remaining life span of the recipient. [Blacks Law 8th]

Posted in Law Dictionary Definitions