Examlex
Who is credited with developing the first true psychotherapy a little more than 100 years ago to treat what he called cases of hysteria?
Actuarial Value
A measure of the average amount of benefit a health insurance plan is expected to pay, used to compare different health insurance policies.
Actuary
A professional who analyzes financial risk using mathematics, statistics, and financial theory, mostly in the insurance and pension plan industries.
Expected Return
The anticipated amount of profit or loss an investment generates over a given period of time.
Defined Benefit Plan
A type of pension plan where the employer guarantees a specified pension payment upon retirement, based on the employee's earnings history, tenure of service, and age, rather than directly depending on individual investment returns.
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