average adjuster
1average adjuster — ➔ adjuster * * * average adjuster UK US noun [C] INSURANCE ► a person who calculates the cost of damage to or loss of a ship or the goods it carries, for insurance purposes: »Apportionment of cargo damage was referred to an average adjuster …
2average adjuster — noun An assessor employed by an insurance company in marine claims • • • Main Entry: ↑average …
3average adjuster — A person who handles marine insurance claims on behalf of the insurers. If there is a claim that involves general average and contributions have to be made by all the parties involved it is the average adjuster who is responsible for apportioning …
4average adjuster — Average adjusters specialize in adjusting marine losses …
5average adjuster — Average adjusters specialize in adjusting marine losses …
6average adjuster — /ˌæv(ə)rɪdʒ ə dʒʌstə/ noun a person who calculates how much of a maritime insurance is to be paid by the insurer against a claim …
7adjuster — ad‧just‧er [əˈdʒʌstə ǁ ər] noun [countable] claims/insurance/loss adjuster INSURANCE a person or company whose job is to assess the value of loss or damage for someone who has claimed on their insurance: • The loss adjuster feels there is… …
8Average — In mathematics, an average, or central tendency[1] of a data set is a measure of the middle value of the data set. Average is one form of central tendency. Not all central tendencies should be considered definitions of average. There are many… …
9average — 1) A single number used to represent a set of numbers; mean. See arithmetic mean; geometric mean; median; weighted average 2) A partial loss in marine insurance (from French: avarie, damage). In general average (GA), a loss resulting from a… …
10average — n. Commerce, loss to owners due to damage to ship or cargo at sea; assessing of incidence of such loss in proportion among interested parties. ♦ average adjuster, professional assessor of marine insurance claims who apportions them among… …