particular average


noun Marine Insurance.

a loss at sea, as through accident or negligence, that is borne solely by the owner of the lost property. Abbreviation: P.A.

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Also called particular average loss .
Compare general average.

Origin of particular average

First recorded in 1765–75
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for particular average

particular average

noun

insurance partial damage to or loss of a ship or its cargo affecting only the shipowner or one cargo ownerAbbreviation: PA Compare general average
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012