单词 | general average |
释义 | > as lemmasgeneral average general average is apportionment of loss caused by intentional damage to ship (e.g. cutting away of masts or boats), or sacrifice of cargo and consequent loss of freight, or of expense incurred by putting into a port in distress, by acceptance of towage or other services, to secure the general safety of ship and cargo; in which case contribution is made by the owners (or insurers) of ship, cargo, and freight in proportion to the value of their respective interests.extracted from averagen.2< as lemmas |
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