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Particular average

 - 1 dictionary result

particular average

 
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–noun Marine Insurance.
a loss at sea, as through accident or negligence, that is borne solely by the owner of the lost property. Abbreviation: P.A.
Also called particular average loss.

Origin:
1765–75
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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