Yearly Probability Of Living


Yearly Probability Of Living

A numerical figure that depicts the likelihood of someone living per year. The yearly probability of living is determined by looking at a mortality table which shows the rate of death at each age in terms of the number of deaths per thousand. The data in the chart is determined by dividing the number of people alive at the end of a given year by the number of people alive at the beginning of that same year.

These formulas are generally used by insurance companies to help determine premiums for a cohort or group. Also referred to as the probability of survival meaning the probability that individuals of the same birth group will be alive x number of years later.


Investment dictionary. . 2012.

Look at other dictionaries:

  • evolution — evolutional, adj. evolutionally, adv. /ev euh looh sheuhn/ or, esp. Brit., /ee veuh /, n. 1. any process of formation or growth; development: the evolution of a language; the evolution of the airplane. 2. a product of such development; something… …   Universalium

  • MIGRATIONS — Jewish migrations have a history of thousands of years: the wanderings of the Patriarchs; the Exodus from Egypt; the Babylonian Exile; the existence of Jewish groups outside Ereẓ Israel in the Second Temple period; the dispersion of the Jewish… …   Encyclopedia of Judaism

  • Annuity (European financial arrangements) — An annuity can be defined as a contract which provides an income stream in return for an initial payment.Immediate annuityAn immediate annuity is an annuity for which the income stream begins at a time after the initial payment which is less than …   Wikipedia

  • china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material …   Universalium

  • China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast …   Universalium

  • Down syndrome — Classification and external resources Boy with Down syndrome assembling a …   Wikipedia

  • POPULATION — THE JEWISH POPULATION Growth by Aliyah In 1882 the Jewish population of Ereẓ Israel numbered some 24,000, roughly 5% of the total, and about 0.3% of the world Jewish population. Since then there has been an almost continuous flow of aliyah, which …   Encyclopedia of Judaism

  • Life expectancy — This article is about the measure of remaining life. For the Dean Koontz novel, see Life Expectancy (novel). For List of countries by life expectancy, see List of countries by life expectancy. Life expectancy is the expected (in the statistical… …   Wikipedia

  • public opinion — the collective opinion of many people on some issue, problem, etc., esp. as a guide to action, decision, or the like. [1560 70] * * * Introduction       an aggregate of the individual views, attitudes, and beliefs about a particular topic,… …   Universalium

  • Illegal immigration — is the migration into a nation in violation of the immigration laws of that jurisdiction. Illegal immigration raises many political, economical, and social issues, and has become a source of major controversy in developed countries and the more… …   Wikipedia


Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.