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The friendship between these two girls is invaluable. The definition of invaluable is priceless or having value too great to measure. An example of invaluable is the sentimental worth of your great grandmother's wedding band. invaluable.
âActuarial valueâ is a measure of a planâs generosity. The actuarial value is the percentage of total allowed costs paid by the plan, as opposed to the percentage paid by the participant. Issuers of small group and individual policies must specify the actuarial value of each policy, beginning in January 2014.