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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) Business Dictionary Index |
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