Meaning of “average” in the English Dictionary

"average" in British English

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averagenoun

uk /ˈæv.ər.ɪdʒ/ us /ˈæv.ɚ.ɪdʒ/

average noun (AMOUNT)

B1 [ C or U ] the result you get by adding two or more amounts together and dividing the total by the number of amounts:

The average of the three numbers 7, 12, and 20 is 13, because the total of 7, 12, and 20 is 39, and 39 divided by 3 is 13.
Prices have risen by an average of four percent over the past year.
My income's rather variable, but I earn £175 a day on average.

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average noun (USUAL STANDARD)

B1 [ S or U ] a standard or level that is considered to be typical or usual:

The audience figures were lower than average for this sort of film.
In western Europe, a seven to eight-hour working day is about the average.
On average, people who don't smoke are healthier than people who do.
The quality of candidates was (well) below/above average.
I expect to spend an average of $50 to $60 on a meal in a restaurant.

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averageverb [ T ]

uk /ˈæv.ər.ɪdʒ/ us /ˈæv.ɚ.ɪdʒ/

to reach a particular amount as an average:

Enquiries to our office average 1,000 calls a month.
Many doctors average (= work an average of) 70 hours a week.
Trainee accountants average (= earn an average of) £32,000 per year.

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averageadjective

uk /ˈæv.ər.ɪdʒ/ us /ˈæv.ɚ.ɪdʒ/

average adjective (AMOUNT)

B1 [ before noun ] An average number is the number you get by adding two or more amounts together and dividing the total by the number of amounts:

The average age of the US soldiers who fought in the Vietnam War was 19.

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Thesaurus: synonyms and related words

Medium-sized

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averagely
adverb uk /ˈæv.ər.ɪdʒ.li/ us /ˈæv.ɚ.ɪdʒ.li/

He's an averagely attractive man.

(Definition of “average” from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"average" in American English

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averagenoun

us /ˈæv·rɪdʒ, -ər·ɪdʒ/

average noun (USUAL STANDARD)

[ U ] a standard or level that is considered to be typical or usual:

The quality of her work is well above average.

average noun (AMOUNT)

mathematics [ C ] the result obtained by adding two or more amounts together and dividing the total by the number of amounts, or by another total:

I’m 35 and my brothers are 32 and 26, so the average of our ages is 31.
In his third season on the team, he raised his batting average to .270.
Interest rates rose on average to 10.05% in January.

Idiom(s)

(Definition of “average” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"average" in Business English

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averagenoun

uk /ˈævərɪdʒ/ us written abbreviation av, written abbreviation av., written abbreviation ave

[ C ] the result that you get by adding two or more amounts together and dividing this total by the number of amounts:

daily/monthly/quarterly average Trading was 297 million shares, down from the three-month daily average of 313 million shares.
The state's unemployment rate remained well below the national average of 5.7 percent.
an average of Its economy has grown at an annual average of 3.6% for the past seven years.
Regulators are careful to stress that the performance figures are only averages - some companies performed better.
Compare

[ C or U ] a level or standard that is considered to be typical for a particular place, group of people, type of business, etc.:

above/below (the) average Our companies' profitability is above the sector average.
Most of these businesses match industry averages in job creation.

[ U ] INSURANCE →  partial loss

STOCK MARKET an average that is based on a particular group of companies' shares, which is used to represent changes in the stock market or to show which types of businesses are getting the most investors:

the industrial average
on average

typically or usually:

On average, only about half of the consumers who qualify for a rebate actually collect it.

averageadjective

uk /ˈævərɪdʒ/ us

used to describe an amount that you get by adding two or more amounts together and then dividing by the number of amounts:

average price/cost/value Price rises were strong in Wales, where the average cost of a property jumped by 31.8%.
average age/speed/rate The average age of the 'Times' reader is fairly low at 42.

typical and usual:

The cost of health insurance has risen above the means of the average worker.

not bad, but not excellent either:

Despite high expectations, sales levels last quarter were only average.

averageverb [ T ]

uk /ˈævərɪdʒ/ us

to equal a particular rate or amount as an average:

Traffic on its free website averages about 10,000 visitors a month.

to calculate the average amount of something by adding all the amounts together and then dividing this by the number of amounts:

Each quarter, the magazine polls a group of forecasters and averages their predictions for economic growth.

Phrasal verb(s)

(Definition of “average” from the Cambridge Business English Dictionary © Cambridge University Press)