Latest Actuary Stories

2013-08-01 23:02:38

Independent Financial Concepts Group is extremely pleased to announce Catherine MacRae, FSA, FCIA will be consulting with IFCG effective September 2013. Toronto,

Word of the Day
  • A pivoted catch designed to fall into a notch on a ratchet wheel so as to allow movement in only one direction (e.g. on a windlass or in a clock mechanism), or alternatively to move the wheel in one direction.
The word 'pawl' probably comes from a Latin word meaning 'stake'.