AVERAGE EXPOSURE

The POTENTIAL EXPOSURE of an OVERTHECOUNTER DERIVATIVE based on the average maturity of the transaction. See also TERMINAL EXPOSURE.AVERAGE OPTION See ASIAN OPTION.

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AVERAGE AGREEMENT

When a shipper pays general leverage dues on general leverage losses. This is specific to marine insurance.

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AVERAGE FIXED ASSETS

The mathematical relationship between the assets of this and the previous year.

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AVERAGE AND REASONABLE CHARGES

This term relates to the fees that are in line with the fees made by other people in the area who have rendered similar services.

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AVERAGE ANNUAL YIELD

The yield on a certificate of deposit over the years that it is active.

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AVERAGE CHARGES

“Average charges for toll and transportation” are understood to mean, and do mean, charges made at a mean rate, obtained by dividing the entire receipts for toll AVERAGE 109 AVOWRY and transportation by the whole quantity of tonnage carried, reduced to a common standard of tons moved one mile. Hersh v. Railway Co., 74 Pa. 190.

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AVERAGE CHART

A chart that uses subgroup averages to decide the stability of a process.

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