Available, Availability, Average and Averager
• Available in all branches
Availability : noun : being easily obtained
• Offer subject to availability = the offer is valid only if the goods are available
NOTE : no plural
Average : noun :
(a) number calculated by adding together several figures and dividing by the number of figures added
• The average for the last three months
Weighted Average = average which is calculated taking several factors into account giving some more value than others
On an Average = in general
• On an average £5 worth of goods are stolen every day.
(b) sharing of the cost of damage or loss of a ship between the insurers and the owners
Average Adjuster = person who calculates how much of an insurance is to be paid
General Average = sharing of the cost of the lost goods by all parties to an insurance
Particular Average = situation where part of a shipment is lost or damaged and the insurance costs are borne by the owner of the lost goods and not shared among all the owners of the shipment
Average : adjective :
(a) middle (figure)
• Average cost per unit
(b) not very good
• The company's performance has been only average.
Average : verb : to produce as an average figure
• Price increases have averaged 10% per annum.
Average Due Date : noun : date when several payments (due at different dates) are settled in one payment
Average Out : verb : to come to a figure as an average
• It averages out at 10% per annum.
Averager : noun : person who buys the same share at various times and at various prices to give an average price
Average-Sized : adjective : not large or small
• They are an average-sized company.
Averaging : noun : buying shares at different times and at different prices to give an average price
NOTE : no plural
QUOTE : A share with an average rating might yield 5 per cent and have a PER of about 10. (Investors Chronicle)
QUOTE : The average price per kilogram for this season to the end of April has been 300 cents. (Australian Financial Review)