|n.||1.||(OLd Eng. Law) That service which a tenant owed his lord, to be done by the work beasts of the tenant, as the carriage of wheat, turf, etc.|
|2.||(Com.) A tariff or duty on goods, etc.|
|3.||A mean proportion, medial sum or quantity, made out of unequal sums or quantities; an arithmetical mean. |
|4.||Any medial estimate or general statement derived from a comparison of diverse specific cases; a medium or usual size, quantity, quality, rate, etc.|
|5.||In the English corn trade, the medial price of the several kinds of grain in the principal corn markets.|
|a.||1.||Pertaining to an average or mean; medial; containing a mean proportion; of a mean size, quality, ability, etc.; ordinary; usual; |
|2.||According to the laws of averages; |
|v. t.||1.||To find the mean of, when sums or quantities are unequal; to reduce to a mean.|
|2.||To divide among a number, according to a given proportion; |
|3.||To do, accomplish, get, etc., on an average.|
|v. i.||1.||To form, or exist in, a mean or medial sum or quantity; to amount to, or to be, on an average; |
|Noun||1.||average - a statistic describing the location of a distribution; "it set the norm for American homes"|
|Verb||1.||average - amount to or come to an average, without loss or gain; "The number of hours I work per work averages out to 40"|
Synonyms: average out
|2.||average - achieve or reach on average; "He averaged a C"|
|3.||average - compute the average of|
Synonyms: average out
|Adj.||1.||average - approximating the statistical norm or average or expected value; "the average income in New England is below that of the nation"; "of average height for his age"; "the mean annual rainfall"|
|2.||average - lacking special distinction, rank, or status; commonly encountered; "average people"; "the ordinary (or common) man in the street"|
|3.||average - of no exceptional quality or ability; "a novel of average merit"; "only a fair performance of the sonata"; "in fair health"; "the caliber of the students has gone from mediocre to above average"; "the performance was middling at best"|
|4.||average - around the middle of a scale of evaluation of physical measures; "an orange of average size"; "intermediate capacity"; "a plane with intermediate range"; "medium bombers"|
|5.||average - relating to or constituting the most frequent value in a distribution; "the modal age at which American novelists reach their peak is 30"|
|6.||average - relating to or constituting the middle value of an ordered set of values (or the average of the middle two in an even-numbered set); "the median value of 17, 20, and 36 is 20"; "the median income for the year was $15,000"|
AVERAGE. A term used in commerce to signify a contribution made by the
owners of the ship, freight and goods, on board, in proportion to their
respective interests, towards any particular loss or expense sustained for
the general safety of the ship and cargo; to the end that the particular
loser may not be a greater sufferer than the owner of the ship and the other
owners of goods on board. Marsh. Ins. B. 1, c. 12, s. 7; Code de Com. art.
397; 2 Hov. Supp. to Ves. jr. 407; Poth. Aver. art. Prel.
2. Average is called general or gross average, because it falls generally upon the whole or gross amount of the ship, freight and cargo; and also to distinguish it from what is often though improperly termed particular average, but which in truth means a particular or partial, and not a general loss; or has no affinity to average properly so called. Besides these there are other small charges, called petty or accustomed averages; such as pilotage, towage, light-money, beaconage, anchorage, bridge toll, quarantine, river charges, signals, instructions, castle money, pier money, digging the ship out of the ice, and the like.
3. A contribution upon general average can only be claimed in cases where, upon as much deliberate on and consultation between the captain and his officers as the occasion will admit of, it appears that the sacrifice at the time it was made, was absolutely and indispensably necessary for the preservation of the ship and cargo. To entitle the owner of the goods to an average contribution, the loss must evidently conduce to the preservation of the ship and the rest of the cargo; and it must appear that the ship and the rest of the cargo were in fact saved. Show. Ca. Parl. 20. See generally Code de Com. tit. 11 and 12; Park, Ins. c. 6; Marsh. Ins. B. 1, c. 12, s. 7 4 Mass. 548; 6 Mass. 125; 8 Mass. 467; 1 Caines' R. 196; 4 Dall. 459; 2 Binn. 547 4 Binn. 513; 2 Serg. & Rawle, 237, in note; 2 Serg. & Rawle, 229 3 Johns. Cas. 178; 1 Caines' R. 43; 2 Caines' R. 263; Id. 274; 8 Johns. R. 237, 2d edit 9 Johns. R. 9; 11 Johns. R 315 1 Caines' R. 573; 7 Johns R. 412; Wesk. Ins. tit. Average; 2 Barn. & Crest. 811 1 Rob. Adlm. Rep. 293; 2 New Rep. 378 18 Ves. 187; Lex. Mer. Armer. ch. 9; Bac Abr. Merchant, F; Vin. Abr. Contribution and' Average; Stev. on Av.; Ben. on Av.