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The Little Ice Age began to affect Europe in which century?
Actuarially Determined
Calculated using actuaries' methods and assumptions, typically in the context of pension plans and insurance.
Discount Rate
The interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows or investments.
Pension Plan
A retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.
Cumulative Unrecognized Loss
Losses that have not been realized through a transaction and are not reflected in financial statements, often relating to investments or assets held.
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