Definition of general average. Meaning of general average. Synonyms of general average

Here you will find one or more explanations in English for the word general average. Also in the bottom left of the page several parts of wikipedia pages related to the word general average and, of course, general average synonyms and on the right images related to the word general average.

Definition of general average

general average
Gross Gross, a. [Compar. Grosser; superl. Grossest.] [F. gros, L. grossus, perh. fr. L. crassus thick, dense, fat, E. crass, cf. Skr. grathita tied together, wound up, hardened. Cf. Engross, Grocer, Grogram.] 1. Great; large; bulky; fat; of huge size; excessively large. ``A gross fat man.' --Shak. A gross body of horse under the Duke. --Milton. 2. Coarse; rough; not fine or delicate. 3. Not easily aroused or excited; not sensitive in perception or feeling; dull; witless. Tell her of things that no gross ear can hear. --Milton. 4. Expressing, Or originating in, animal or sensual appetites; hence, coarse, vulgar, low, obscene, or impure. The terms which are delicate in one age become gross in the next. --Macaulay. 5. Thick; dense; not attenuated; as, a gross medium. 6. Great; palpable; serious; vagrant; shameful; as, a gross mistake; gross injustice; gross negligence. 7. Whole; entire; total; without deduction; as, the gross sum, or gross amount, the gross weight; -- opposed to net. Gross adventure (Law) the loan of money upon bottomry, i. e., on a mortgage of a ship. Gross average (Law), that kind of average which falls upon the gross or entire amount of ship, cargo, and freight; -- commonly called general average. --Bouvier. --Burrill. Gross receipts, the total of the receipts, before they are diminished by any deduction, as for expenses; -- distinguished from net profits. --Abbott. Gross weight the total weight of merchandise or goods, without deduction for tare, tret, or waste; -- distinguished from neat, or net, weight.

Meaning of general average from wikipedia

- The law of general average is a principle of maritime law whereby all stakeholders in a sea venture proportionately share any losses resulting from a...
- generating means is not general enough to capture all averages. A more general method[failed verification] for defining an average takes any function g(x1...
- statistics, a moving average (rolling average or running average) is a calculation to analyze data points by creating a series of averages of different subsets...
- different averaging techniques, including the use of line drawings and face profiles, have shown that this is a general principle: average faces are consistently...
- the autoregressive (AR) model, the moving-average model is a special case and key component of the more general ARMA and ARIMA models of time series, which...
- Education) always uses the Percent Grade, Letter Grade, or both. GWA (general weighted average; similar to GPA) is a representation (often numerical) of the overall...
- The Dow Jones Industrial Average (DJIA), Dow Jones, or simply the Dow (/ˈdaʊ/), is a stock market index of 30 prominent companies listed on stock exchanges...
- included about the Lex Rhodia ("Rhodian law") that articulates the general average principle of marine insurance established on the island of Rhodes in...
- Below are average adult human heights by country or geographical region. The original studies and sources should be consulted for details on methodology...
- Condition of average (also called underinsurance in the U.S., or principle of average, subject to average, or pro rata condition of average in Commonwealth...