average: Meaning and Definition of
Pronunciation: (av'ur-ij, av'rij), [key]
— 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.; norm.
- 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.
- 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.
- typical; common; 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.
- to purchase more of a security or commodity at a lower price to reduce the average cost of one's holdings.
- His taxes should average out to about a fifth of his income.
- 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.
- to purchase more of a security or commodity at a higher price to take advantage of a contemplated further rise in prices.
- average (Thesaurus)