average /avˈ(ə-)rij/

1. The arithmetical mean value of any quantities (see under mean³)
2. Estimation of such a mean
3. Loosely, an ordinary or typical value, common run
4. Orig a customs duty or similar charge (obsolete)
5. Any expense other than freight payable by the owner of shipped goods
6. Expense or loss by damage of ship or cargo
7. Equitable distribution of expense or loss
8. Assessment of compensation in the same proportion as amount insured bears to actual worth

1. Mean, medial
2. Prevailing, typical, ordinary
3. Mediocre

1. To obtain the average of
2. To amount to on an average
3. To do or achieve on an average

To even out to an average

avˈeragely adverb

average adjuster noun

An assessor employed by an insurance company in marine claims

average costing noun (business)

A method of calculating the average cost of producing one unit by taking the total manufacturing costs for a period and dividing by the number of units produced

law of averages

Popularly, a proposition stating that the mean of a situation is maintained by the averaging of its extremes

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