Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “particular average”

particular average

noun [U]     INSURANCE, LAW
an agreement that says that the cost of damage to goods that a ship is carrying is paid for by the owner of the goods, not the shipping company: His work dealt with all aspects of shipping insurance claims, including general and particular average.
→ Compare general average
(Definition of particular average noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of particular average

More Business English definitions for “particular”

Word of the Day

limber up

to do gentle exercises to stretch the muscles in order to prepare the body for more active physical exercise

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More