General Average Expenditure

General Average Expenditure in Maritime Law

Note: There is more information on maritime/admiralty law here.

The following is a definition of General Average Expenditure, produced by Tetley, in the context of admiralty law: [Translation of General Average Expenditure in French: “dépense d’avarie commune” or “avarie-frais”] [Translation of General Average Expenditure in Spanish: “gasto (contribución) de avería común”] [Translation of General Average Expenditure in Italian: “spese d’avaria comune”] [Translation of General Average Expenditure in German: “Gemeinschaftliche Havariekosten”] – An extraordinary expenditures incurred by the shipowner intentionally and reasonably to preserve from peril the property involved in a common maritime adventure (e.g. port of refuge expenses, salvage remuneration, etc.).

General Average Expenditure in Admiralty Law

For information on general average expenditure in this context, see the entry on general average expenditure in the maritime law encyclopedia.