Average clause,
Definition of Average clause:
See average.
Meaning of Average clause & Average clause Definition
Average Clause,
What is The Meaning of Average Clause?
Another term for co-insurance clause (see co-insurance).
Average Clause refers to (Also known as the middle division clause). See the proportional distribution clause.
The policy clause proves that if the value of the property at the time of the claim is less than its original value, the insurer's compensation will be reduced to the value of the property after the claim.
Literal Meanings of Average Clause
Average:
Meanings of Average:
A number that represents the central or general value of a set of data, specifically the mode, median, or (more commonly) average value, which is calculated by dividing the sum of the values in the set by the set. Goes
Transfer of financial responsibility for damage or financial loss to the ship or its cargo.
Divide the results by adding multiple quantities and adding that number to the quantity.
Touch or reach the average level or value from time to time.
Sentences of Average
Property prices are double the national average
Specific average means partial loss or damage to a ship, cargo or goods.
The average temperature in May is 16 degrees Celsius.
Average annual inflation 2.4%
Synonyms of Average
centre, mean, medial, middle, midpoint, mode, median
Clause:
Meanings of Clause:
The unit of grammatical organization is directly under continuous sentences and in traditional grammar, which consists of an article and a prediction.
Special and exclusive articles, terms or reservations in a contract, law or agreement.
Sentences of Clause
In the above sentence, the two clauses are connected by string instead of matching.
Contracts usually choose the terms of the law that define the applicable law.
Synonyms of Clause
term, idiom, locution, note, word group, phrasal idiom, part, group of words, expression, subsection, phrasal verb, turn of phrase, clause, passage, point, article, wording, item, heading, idiomatic expression, section, paragraph, construction, set phrase
Average Clause,
Average Clause means,
Meaning of Average Clause: Another term for the Coin Insurance Clause (see Coinsurance).
You can define Average Clause as, (Also known as the average wage clause). See Prorated Payment Clause.
Average Clause means: A policy clause that stipulates that the insurer's compensation will be deducted from the value of the property after the loss, if the value of the property at the time of the loss is less than its original value.
Literal Meanings of Average Clause
Average:
Meanings of Average:
A number that represents the central or specific value of a dataset, specifically the mode, median, or (often) mean value, which is calculated by dividing the number of values in the dataset by their amount.
It adds some quantity to form the result and then divides that number by the sum of the quantities.
The amount is obtained either as an average rate or as an average period of time.
Sentences of Average
The proportion of people over the age of 60 is 19% higher than the EU average
May's average temperature is 4 ° C below normal.
Synonyms of Average
standard, rule, the general run, norm
Clause:
Meanings of Clause:
The grammatical organization unit, which is located just below the sentence in the line and should predict a subject and traditional grammar.
Articles, terms or conditions that are defined and separate from an agreement, law or contract.
Synonyms of Clause
proviso, stipulation, requirement, rider, specification, condition, provision
Average Clause,
Average Clause Meanings:
Average Clause can be defined as, Another term for the skin insurance clause (see Coinsurance).
(Also known as the average wage clause). See Provided Payment Clause.
The policy stipulates that if the value of the property at the time of the claim is less than the actual value, the insurer's compensation will be less than the value of the property after the claim.
Literal Meanings of Average Clause
Average:
Meanings of Average:
A number that represents the central or specific value of a dataset, specifically the mode, median, or (often) average value, calculated by dividing the number of values in the dataset by their sum.
This is the result of adding some quantity and then dividing that number by the sum of the quantities.
Total or earned average level or as an amount over an average period of time.
Sentences of Average
The proportion of people over the age of 60 is higher than the EU average of 19%
The average temperature in May is 4 degrees Celsius below normal.
Clause:
Meanings of Clause:
The organizational unit of grammar, which is located immediately below the sentence in the line, and traditional grammar should consist of an article and a prediction.
Articles, terms or conditions that are set out and separate from an agreement, law or agreement.
