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average av·er·age (āv'ər-ĭj, āv'rĭj)
n.
A number that typifies a set of numbers of which it is a function.
See arithmetic mean.
An intermediate level or degree.
Of, relating to, or constituting an average.
Being intermediate between extremes, as on a scale.
To calculate the average of.
To do or have an average of.
To distribute proportionately, as over a period of time.
average (āv'ər-ĭj) A number, especially the arithmetic mean, that is derived from and considered typical or representative of a set of numbers. Compare arithmetic mean, median, mode. |
A single number that represents a set of numbers. Means, medians, and modes are kinds of averages; usually, however, the term average refers to a mean.
in maritime law, loss or damage, less than total, to maritime property (a ship or its cargo), caused by the perils of the sea. An average may be particular or general. A particular average is one that is borne by the owner of the lost or damaged property (unless he was insured against the risk). A general average is one that is borne in common by the owners of all the property engaged in the venture.