Average

English Meaning

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.

1. Mathematics A number that typifies a set of numbers of which it is a function.
2. Mathematics See arithmetic mean.
3. An intermediate level or degree: near the average in size.
4. The usual or ordinary kind or quality: Although the wines vary, the average is quite good.
5. Sports The ratio of a team's or player's successful performances such as wins, hits, or goals, divided by total opportunities for successful performance, such as games, times at bat, or shots: finished the season with a .500 average; a batting average of .274.
6. Law The loss of a ship or cargo, caused by damage at sea.
7. Law The incurrence of damage or loss of a ship or cargo at sea.
8. Law The equitable distribution of such a loss among concerned parties.
9. Law A charge incurred through such a loss.
10. Nautical Small expenses or charges that are usually paid by the master of a ship.
11. Mathematics Of, relating to, or constituting an average.
12. Being intermediate between extremes, as on a scale: a player of average ability.
13. Usual or ordinary in kind or character: a poll of average people; average eyesight.
14. Assessed in accordance with the law of averages.
15. Mathematics To calculate the average of: average a set of numbers.
16. To do or have an average of: averaged three hours of work a day.
17. To distribute proportionately: average one's income over four years so as to minimize the tax rate.
18. To be or amount to an average: Some sparrows are six inches long, but they average smaller. Our expenses averaged out to 45 dollars per day.
19. average down To purchase shares of the same security at successively lower prices in order to reduce the average price of one's position.
20. average up To purchase shares of the same security at successively higher prices in order to achieve a larger position at an average price that is lower than the current market value.