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3 definitions found
 for Particular average
From The Collaborative International Dictionary of English v.0.48 :

  Particular \Par*tic"u*lar\, a. [OE. particuler, F. particulier,
     L. particularis. See Particle.]
     1. Relating to a part or portion of anything; concerning a
        part separated from the whole or from others of the class;
        separate; sole; single; individual; specific; as, the
        particular stars of a constellation. --Shak.
        [1913 Webster]
  
              [Make] each particular hair to stand an end,
              Like quills upon the fretful porpentine. --Shak.
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              Seken in every halk and every herne
              Particular sciences for to lerne.     --Chaucer.
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     2. Of or pertaining to a single person, class, or thing;
        belonging to one only; not general; not common; hence,
        personal; peculiar; singular. "Thine own particular
        wrongs." --Shak.
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              Wheresoever one plant draweth such a particular
              juice out of the earth.               --Bacon.
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     3. Separate or distinct by reason of superiority;
        distinguished; important; noteworthy; unusual; special;
        as, he brought no particular news; she was the particular
        belle of the party.
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     4. Concerned with, or attentive to, details; minute;
        circumstantial; precise; as, a full and particular account
        of an accident; hence, nice; fastidious; as, a man
        particular in his dress.
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     5. (Law)
        (a) Containing a part only; limited; as, a particular
            estate, or one precedent to an estate in remainder.
        (b) Holding a particular estate; as, a particular tenant.
            --Blackstone.
            [1913 Webster]
  
     6. (Logic) Forming a part of a genus; relatively limited in
        extension; affirmed or denied of a part of a subject; as,
        a particular proposition; -- opposed to universal: e. g.
        (particular affirmative) Some men are wise; (particular
        negative) Some men are not wise.
        [1913 Webster]
  
     Particular average. See under Average.
  
     Particular Baptist, one of a branch of the Baptist
        denomination the members of which hold the doctrine of a
        particular or individual election and reprobation.
  
     Particular lien (Law), a lien, or a right to retain a
        thing, for some charge or claim growing out of, or
        connected with, that particular thing.
  
     Particular redemption, the doctrine that the purpose, act,
        and provisions of redemption are restricted to a limited
        number of the human race. See Calvinism.
        [1913 Webster]
  
     Syn: Minute; individual; respective; appropriate; peculiar;
          especial; exact; specific; precise; critical;
          circumstantial. See Minute.
          [1913 Webster]

From The Collaborative International Dictionary of English v.0.48 :

  Average \Av"er*age\, n. [OF. average, LL. averagium, prob. fr.
     OF. aver, F. avoir, property, horses, cattle, etc.; prop.
     infin., to have, from L. habere to have. Cf. F. av['e]rage
     small cattle, and avarie (perh. of different origin) damage
     to ship or cargo, port dues. The first meaning was perhaps
     the service of carting a feudal lord's wheat, then charge for
     carriage, the contribution towards loss of things carried, in
     proportion to the amount of each person's property. Cf.
     Aver, n., Avercorn, Averpenny.]
     1. (OLd Eng. Law) 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.
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     2. [Cf. F. avarie damage to ship or cargo.] (Com.)
        (a) A tariff or duty on goods, etc. [Obs.]
        (b) Any charge in addition to the regular charge for
            freight of goods shipped.
        (c) A contribution to a loss or charge which has been
            imposed upon one of several for the general benefit;
            damage done by sea perils.
        (d) The equitable and proportionate distribution of loss
            or expense among all interested.
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     General average, a contribution made, by all parties
        concerned in a sea adventure, toward a loss occasioned by
        the voluntary sacrifice of the property of some of the
        parties in interest for the benefit of all. It is called
        general average, because it falls upon the gross amount of
        ship, cargo, and freight at risk and saved by the
        sacrifice. --Kent.
  
     Particular average signifies the damage or partial loss
        happening to the ship, or cargo, or freight, in
        consequence of some fortuitous or unavoidable accident;
        and it is borne by the individual owners of the articles
        damaged, or by their insurers.
  
     Petty averages are sundry small charges, which occur
        regularly, and are necessarily defrayed by the master in
        the usual course of a voyage; such as port charges, common
        pilotage, and the like, which formerly were, and in some
        cases still are, borne partly by the ship and partly by
        the cargo. In the clause commonly found in bills of
        lading, "primage and average accustomed," average means a
        kind of composition established by usage for such charges,
        which were formerly assessed by way of average. --Arnould.
        --Abbott. --Phillips.
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     3. A mean proportion, medial sum or quantity, made out of
        unequal sums or quantities; an arithmetical mean. Thus, if
        A loses 5 dollars, B 9, and C 16, the sum is 30, and the
        average 10.
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     4. Any medial estimate or general statement derived from a
        comparison of diverse specific cases; a medium or usual
        size, quantity, quality, rate, etc. "The average of
        sensations." --Paley.
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     5. pl. In the English corn trade, the medial price of the
        several kinds of grain in the principal corn markets.
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     On an average, taking the mean of unequal numbers or
        quantities.
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From Bouvier's Law Dictionary, Revised 6th Ed (1856) :

  PARTICULAR AVERAGE. This term, particular average, has been condemned as not 
  being exact. See Average. It denotes, in general, every kind of expense or 
  damage, short of total loss which regards a particular concern, and which is 
  to be borne by the proprietor of that concern alone. Between the insurer and 
  insured, the term includes losses of this description, as far as the 
  underwriter is liable. Particular average must not be understood as a total 
  loss of a part; for these two kinds of losses are perfectly distinct from 
  each other. A total loss of a part may be recovered, where a particular 
  average would not be recoverable. See Stev. on Av. 77. 
  
  

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