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on average

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av⋅er⋅age

[av-er-ij, av-rij] noun, adjective, verb, -aged, -ag⋅ing.
–noun
1. a quantity, rating, or the like that represents or approximates an arithmetic mean: Her golf average is in the 90s. My average in science has gone from B to C this semester.
2. a typical amount, rate, degree, etc.; norm.
3. Statistics. arithmetic mean.
4. Mathematics. a quantity intermediate to a set of quantities.
5. Commerce.
a. a charge paid by the master of a ship for such services as pilotage or towage.
b. an expense, partial loss, or damage to a ship or cargo.
c. the incidence of such an expense or loss to the owners or their insurers.
d. an equitable apportionment among all the interested parties of such an expense or loss. Compare general average, particular average.
–adjective
6. of or pertaining to an average; estimated by average; forming an average: The average rainfall there is 180 inches.
7. typical; common; ordinary: The average secretary couldn't handle such a workload. His grades were nothing special, only average.
–verb (used with object)
8. to find an average value for (a variable quantity); reduce to a mean: We averaged the price of milk in five neighborhood stores.
9. (of a variable quantity) to have as its arithmetic mean: Wheat averages 56 pounds to a bushel.
10. to do or have on the average: He averages seven hours of sleep a night.
–verb (used without object)
11. to have or show an average: to average as expected.
12. average down, to purchase more of a security or commodity at a lower price to reduce the average cost of one's holdings.
13. average out,
a. to come out of a security or commodity transaction with a profit or without a loss.
b. to reach an average or other figure: His taxes should average out to about a fifth of his income.
14. average up, to purchase more of a security or commodity at a higher price to take advantage of a contemplated further rise in prices.
15. on the or an average, usually; typically: She can read 50 pages an hour, on the average.

Origin:
1485–95; earlier averay charge on goods shipped, orig. duty (< MF avarie < OIt avaria < Ar ʿawārīyah damaged merchandise), with -age r. -ay


av⋅er⋅age⋅a⋅ble, adjective
av⋅er⋅age⋅ly, adverb
av⋅er⋅age⋅ness, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Financial Dictionary

average

See averages.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Medical Dictionary

average av·er·age (āv'ər-ĭj, āv'rĭj)
n.

  1. A number that typifies a set of numbers of which it is a function.

  2. See arithmetic mean.

  3. An intermediate level or degree.

adj.
  1. Of, relating to, or constituting an average.

  2. Being intermediate between extremes, as on a scale.

v. av·er·aged, av·er·ag·ing, av·er·ag·es
  1. To calculate the average of.

  2. To do or have an average of.

  3. To distribute proportionately, as over a period of time.

The American Heritage® Stedman's Medical Dictionary
Copyright © 2002, 2001, 1995 by Houghton Mifflin Company. Published by Houghton Mifflin Company.
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Science Dictionary
average   (āv'ər-ĭj)  Pronunciation Key 
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.
The American Heritage® Science Dictionary
Copyright © 2002. Published by Houghton Mifflin. All rights reserved.
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