particular average

American  

noun

Marine Insurance.

1. a loss at sea, as through accident or negligence, that is borne solely by the owner of the lost property. P.A.

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particular average British  

noun

1.  PA.  insurance partial damage to or loss of a ship or its cargo affecting only the shipowner or one cargo owner Compare general average

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Etymology

Origin of particular average

First recorded in 1765–75

Example Sentences

When "total loss", "general average" or "particular average" occur, claims on the insurer can be made, which must be substantiated in the port of discharge.

From Bremen Cotton Exchange 1872/1922 by Uhte, Ch. F. C.

And it suggests that the insurer is not liable for salvage where the policy is free of particular average, which does not accord with practice.

From Encyclopaedia Britannica, 11th Edition, Volume 3, Part 1, Slice 1 "Austria, Lower" to "Bacon" by Various

The beaching or running a vessel purposely aground to escape greater danger; this act is treated as particular average loss, and not a damage to be made good by general contribution.

From The Sailor's Word-Book An Alphabetical Digest of Nautical Terms, including Some More Especially Military and Scientific, but Useful to Seamen; as well as Archaisms of Early Voyagers, etc. by Belcher, Edward, Sir

You were the one who thought this particular average man was a slob.

From The Common Man by Schelling, George Luther