Averageav•er•age (av′ər ij, av′rij),USA pronunciation n., adj., v., -aged, -ag•ing.
- a quantity, rating, or the like that represents or approximates an arithmetic mean: Her golf average is in the 90s. My average in science has gone from B to C this semester.
- a typical amount, rate, degree, etc.;
- See arithmetic mean.
- a quantity intermediate to a set of quantities.
- a charge paid by the master of a ship for such services as pilotage or towage.
- an expense, partial loss, or damage to a ship or cargo.
- the incidence of such an expense or loss to the owners or their insurers.
- an equitable apportionment among all the interested parties of such an expense or loss. Cf. general average, particular average.
- on the or an average, usually;
typically: She can read 50 pages an hour, on the average.
- of or pertaining to an average;
estimated by average;
forming an average: The average rainfall there is 180 inches.
ordinary: The average secretary couldn't handle such a workload. His grades were nothing special, only average.
- to find an average value for (a variable quantity);
reduce to a mean: We averaged the price of milk in five neighborhood stores.
- (of a variable quantity) to have as its arithmetic mean: Wheat averages 56 pounds to a bushel.
- to do or have on the average: He averages seven hours of sleep a night.
- to have or show an average: to average as expected.
- average down, to purchase more of a security or commodity at a lower price to reduce the average cost of one's holdings.
- average out:
- to come out of a security or commodity transaction with a profit or without a loss.
- to reach an average or other figure: His taxes should average out to about a fifth of his income.
- average up, to purchase more of a security or commodity at a higher price to take advantage of a contemplated further rise in prices.
Joejoe1 ( jō),USA pronunciation n. [Scot.]
joe2 ( jō),USA pronunciation n. [Slang.]
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