average

/'æv(ə)rɪdʒ/ noun
1. a number calculated by adding several figures together and dividing by the number of figures added
the average for the last three months or the last three months’ average
sales average or average of sales
2.
on average, on an average in general
On average, £15 worth of goods are stolen every day.
3. the sharing of the cost of damage or loss of a ship between the insurers and the owners
adjective
equal to the average of a set of figures
the average increase in salaries
The average cost per unit is too high.
The average sales per representative are rising.
verb
1. to amount to something when the average of a set of figures is worked out
Price increases have averaged 10% per annum.
Days lost through sickness have averaged twenty-two over the last four years.
2. to work out an average figure for something
▪▪▪
‘…a share with an average rating might yield 5 per cent and have a PER of about 10’ [Investors Chronicle]
▪▪▪
‘…the average price per kilogram for this season to the end of April has been 300 cents’ [Australian Financial Review]

Dictionary of banking and finance. 2015.

Synonyms:

Look at other dictionaries:

  • average — n Average, mean, median, norm, par denote something and usually a number, a quantity, or a condition that represents a middle point between extremes. Of these words average, mean, median, and par are also used as adjectives. Average is an… …   New Dictionary of Synonyms

  • average — [av′ər ij, av′rij] n. [altered (by assoc. with ME average, money rent paid in place of service by the tenant with his horses < aver, draft horse) < OFr avarie, damage to ship or goods, mooring charges < OIt avaria < Ar ʿ awār, damaged …   English World dictionary

  • average — I (midmost) adjective center, centermost, intermediate, mean, mean proportioned, medial, median, mediate, medium, mid, middle, middle class, middle grade, middlemost, middling associated concepts: average annual earnings or wages, average capital …   Law dictionary

  • Average — Av er*age, n. [OF. average, LL. averagium, prob. fr. OF. aver, F. avoir, property, horses, cattle, etc.; prop. infin., to have, from L. habere to have. Cf. F. av[ e]rage small cattle, and avarie (perh. of different origin) damage to ship or cargo …   The Collaborative International Dictionary of English

  • Average — Av er*age, a. 1. Pertaining to an average or mean; medial; containing a mean proportion; of a mean size, quality, ability, etc.; ordinary; usual; as, an average rate of profit; an average amount of rain; the average Englishman; beings of the… …   The Collaborative International Dictionary of English

  • Average — Av er*age, v. i. To form, or exist in, a mean or medial sum or quantity; to amount to, or to be, on an average; as, the losses of the owners will average twenty five dollars each; these spars average ten feet in length. [1913 Webster] …   The Collaborative International Dictionary of English

  • average — [adj1] normal, typical boilerplate*, common, commonplace, customary, dime a dozen*, everyday, fair, fair to middling*, familiar, garden*, garden variety*, general, humdrum*, intermediate, mainstream, mediocre, medium, middle of the road*,… …   New thesaurus

  • average — ► NOUN 1) the result obtained by adding several amounts together and then dividing the total by the number of amounts. 2) a usual amount or level. ► ADJECTIVE 1) constituting an average. 2) usual or ordinary. 3) mediocre. ► …   English terms dictionary

  • Average — Av er*age, v. t. [imp. & p. p. {Averaged} (?); p. pr. & vb. n. {Averaging}.] 1. To find the mean of, when sums or quantities are unequal; to reduce to a mean. [1913 Webster] 2. To divide among a number, according to a given proportion; as, to… …   The Collaborative International Dictionary of English

  • avérage — 1. (a vé ra j ) s. m. Terme de commerce. La moyenne avérée, vraie, reconnue telle, et en général la moyenne. Sur trois ans l avérage a été de.... ÉTYMOLOGIE    Avérer. avérage 2. (entrée créée par le supplément) (a vé ra j ) s. m. Nom, dans le… …   Dictionnaire de la Langue Française d'Émile Littré

  • average — (del inglés; pronunciamos averás ) sustantivo masculino 1. Área: deporte Promedio, término medio: Gana el Barcelona por gol average …   Diccionario Salamanca de la Lengua Española

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