Average (noun) Definition, Meaning & Examples

noun
  1. 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.
  2. a typical amount, rate, degree, etc.; norm.
  3. arithmetic mean.
  4. a quantity intermediate to a set of quantities.
  5. Commerce.
    • 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.
adjective
  1. of or relating to an average; estimated by average; forming an average: The average rainfall there is 180 inches.
  2. typical; common; ordinary: The average secretary couldn't handle such a workload. His grades were nothing special, only average.
verb (used with object), av·er·aged, av·er·ag·ing.
  1. to find an average value for (a variable quantity); reduce to a mean: We averaged the price of milk in five neighborhood stores.
  2. (of a variable quantity) to have as its arithmetic mean: Wheat averages 56 pounds to a bushel.
  3. to do or have on the average: He averages seven hours of sleep a night.
verb (used without object), av·er·aged, av·er·ag·ing.
  1. to have or show an average: to average as expected.
Verb Phrases
  1. to purchase more of a security or commodity at a lower price to reduce the average cost of one's holdings.
  2. 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.
  3. to purchase more of a security or commodity at a higher price to take advantage of a contemplated further rise in prices.
Idioms
  1. usually; typically: She can read 50 pages an hour, on the average.
noun
  1. the typical or normal amount, quality, degree, etc
  2. the result obtained by adding the numbers or quantities in a set and dividing the total by the number of members in the set
  3. (of a continuously variable ratio, such as speed) the quotient of the differences between the initial and final values of the two quantities that make up the ratio
  4. maritime law
    • a loss incurred or damage suffered by a ship or its cargo at sea
    • the equitable apportionment of such loss among the interested parties
  5. a simple or weighted average of the prices of a selected group of securities computed in order to facilitate market comparisons
  6. usually; typically
adjective
  1. usual or typical
  2. mediocre or inferior
  3. constituting a numerical average
  4. approximately typical of a range of values
verb
  1. to obtain or estimate a numerical average of
  2. to assess the general quality of
  3. to perform or receive a typical number of
  4. to divide up proportionately
  5. to amount to or be on average
  6. to purchase additional securities in a holding whose price has fallen (average down) or risen (average up) in anticipation of a speculative profit after further increases in price
    Average (noun) Definition, Meaning & Examples

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