Definition of general average in English:

Share this entry

general average


[mass noun]
(In maritime law) the apportionment of financial liability for the loss arising from the jettisoning of cargo by dividing the costs among all those whose property (ship or cargo) was preserved by the action.
Example sentences
  • The second defendants are sued as guarantors of the cargo's proportion of general average, but the proceedings have not been served on them.
  • The same principle must apply to the shipowners’ claim to be indemnified against their liability to contribute in general average.
  • It was further held that the cargo-owners' liability to pay general average contribution was not closely enough related to the goods to come within the phrase.

For editors and proofreaders

Line breaks: gen|eral aver|age

Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.