Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “average statement”

average statement

noun [C]
 
 
INSURANCE
a document that states the amount owed by the owners of a ship or the goods it carries, and the amount owed by an insurance company, when they share the cost of any damage or loss
(Definition of average statement from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of average statement?
Add Cambridge dictionaries to your browser to your website

Word of the Day

hello stranger

said to a person that you know but have not seen for a long time

Word of the Day

Come on – you can do it! Phrasal verbs with ‘come’.

by Liz Walter​,
November 19, 2014
As part of an occasional series on the tricky subject of phrasal verbs, this blog looks at ones formed with the verb ‘come’. If you are reading this blog, I’m sure you already know come from, as it is one of the first things you learn in class: I come from Scotland/Spain.

Read More 

silver splicer noun

November 17, 2014
informal a person who marries in later life Newly retired and now newlywed – rise of the ‘silver splicers’ Reaching pension age becomes a trigger to tie the knot as baby-boomers begin to redefine retirement

Read More