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

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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...
- average (rolling average or running average or moving mean or rolling mean) is a calculation to analyze data points by creating a series of averages of...
- terms average Joe, ordinary Joe, regular Joe, Joe Sixpack, Joe Lunchbucket, Joe Snuffy, Joe Blow, Joe Schmoe (for males), and ordinary Jane, average Jane...
- Below are two tables which report the average adult human height by country or geographical region. With regard to the first table, original studies and...
- 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...
- 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 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...
- separately graded. Each subject contributes to the general average in the following proportion: The p****ing average fixed by law is 75%, with no grade falling...