average on a vessel
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Vessel monitoring system — Vessel monitoring systems (VMS) are used in commercial fishing to allow environmental and fisheries regulatory organizations to monitor, minimally, the position, time at a position, and course and speed of fishing vessels. They are a key part of… … Wikipedia
average — ► NOUN 1) the result obtained by adding several amounts together and then dividing the total by the number of amounts. 2) a usual amount or level. ► ADJECTIVE 1) constituting an average. 2) usual or ordinary. 3) mediocre. ► … English terms dictionary
average — A mean proportion, medial sum or quantity, made out of unequal sums or quantities. Brisendine v. Skousen Bros., 48 Ariz. 416, 62 P.2d 326, 329. In ordinary usage the term signifies the mean between two or more quantities, measures, or numbers. If … Black's law dictionary
average — A mean proportion, medial sum or quantity, made out of unequal sums or quantities. Brisendine v. Skousen Bros., 48 Ariz. 416, 62 P.2d 326, 329. In ordinary usage the term signifies the mean between two or more quantities, measures, or numbers. If … Black's law dictionary
average — noun 1》 the result obtained by adding several amounts together and then dividing the total by the number of amounts. 2》 a usual or ordinary amount, level, or rate. 3》 Law the apportionment of financial liability resulting from loss of or damage… … English new terms dictionary
General average/New version — Average in maritime commerce to signify damages orexpenses resulting from the accidents of navigation. Average is either general or particular. General average arises when sacrifices have been made, or expenditures incurred, for the preservation… … Wikipedia
general average — Provision in maritime law where all shippers on a given voyage would reimburse the ship line in the event of vessel sinking or catastrophic damage. It also provides for the reimbursement to those shippers whose cargo was thrown overboard in order … Financial and business terms
National Board of Boiler and Pressure Vessel Inspectors — The National Board of Boiler and Pressure Vessel Inspectors is composed of chief boiler and pressure vessel inspectors representing states, cities, and provinces enforcing pressure equipment laws and regulations. Created to prevent death, injury… … Wikipedia
Blood vessel — The blood vessels are part of the circulatory system and function to transport blood throughout the body. The most important vessels in the system are the capillaries, the microscopic vessels which enable the actual exchange of water and… … Wikipedia
General average — The law of general average is a legal principle of maritime law according to which all parties in a sea venture proportionally share any losses resulting from a voluntary sacrifice of part of the ship or cargo to save the whole in an emergency.… … Wikipedia
free of particular average — marine cargo insurance that does not cover partial losses or partial damage unless caused by the vessel being sunk, stranded, burned, on fire, or in a collision. Bloomberg Financial Dictionary * * * free of particular average ˌfree of parˌticular … Financial and business terms
