particular average


noun Marine Insurance.

a loss at sea, as through accident or negligence, that is borne solely by the owner of the lost property. Abbreviation: P.A.
Also called particular average loss.
Compare general average.

Origin of particular average

First recorded in 1765–75

British Dictionary definitions for particular average

particular average

noun

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