weighted average

noun [C] ECONOMICS, FINANCE

Definition

› an average in which more value is given to some things than others depending on their importance: The index is a weighted average of growth rates in corporate earnings, consumer spending, and personal income.

weighted average (also weighted-average) adjective › The weighted average interest rate during was 6.3%, compared to 6.2% during the previous year.

(Definition of weighted average noun from the Cambridge Business English Dictionary © Cambridge University Press)

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