Akademik

particular average
particular average particular average average2

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particular average UK US noun [U] INSURANCE, LAW
an agreement that says that the cost of damage to goods that a ship is carrying is paid for by the owner of the goods, not the shipping company: »

His work dealt with all aspects of shipping insurance claims, including general and particular average.

Compare GENERAL AVERAGE(Cf. ↑general average)

Financial and business terms. 2012.