Definition of general average in English:

general average

noun

  • [mass noun] (in maritime law) the apportionment of financial liability for the loss arising from the jettisoning of cargo by dividing the costs among all those whose property (ship or cargo) was preserved by the action.

    • ‘We have now completed our general average adjustment in this case and enclose herewith a copy for your attention.’
    • ‘Nothing in these rules shall be held to prevent the insertion in a bill of lading of any lawful provision regarding general average.’
    • ‘The same principle must apply to the shipowners’ claim to be indemnified against their liability to contribute in general average.’
    • ‘It was further held that the cargo-owners' liability to pay general average contribution was not closely enough related to the goods to come within the phrase.’
    • ‘The second defendants are sued as guarantors of the cargo's proportion of general average, but the proceedings have not been served on them.’