| Average (average) |
|---|
| n. | ((?)) |
|---|
| Av"er*age |
| [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. avérage small cattle, and avarie (perh. of
d |
That service which a tenant
owed his lord, to be done by the work beasts of the tenant, as the carriage
of wheat, turf, etc.
A tariff or duty on goods,
etc.
A mean proportion, medial sum or quantity, made
out of unequal sums or quantities; an arithmetical mean. Thus, if A loses 5
dollars, B 9, and C 16, the sum is 30, and the average 10.
Any medial estimate or general statement derived
from a comparison of diverse specific cases; a medium or usual size,
quantity, quality, rate, etc.
In the English corn trade, the medial
price of the several kinds of grain in the principal corn
markets.
|
| Average (average) |
|---|
| a. | ((?)) |
|---|
| Av"er*age |
|
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 average stamp.
According to the laws of averages; as, the loss
must be made good by average contribution.
|
| Average (average) |
|---|
| v. t. | |
|---|
| Av"er*age |
|
To find the mean of, when sums
or quantities are unequal] to reduce to a mean.
To divide among a number, according to a given
proportion; as, to average a loss.
To do, accomplish, get, etc., on an
average.
|
| Average (average) |
|---|
| v. i. | |
|---|
| Av"er*age |
|
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.
|
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