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Noun
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. Compare general average , particular average .
Verb phrases
average down, to purchase more of a security or commodity at a lower price to reduce the average cost of one's holdings.
tác giả
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