Legal Definition and Related Resources of General Average

See average .

Browse or run a search for General Average in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

General Average in Historical Law

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Search for legal acronyms and/or abbreviations containing General Average in the Legal Abbreviations and Acronyms Dictionary.

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Mentioned in these terms

Average, F.g.a., Jason Clause, Particular Average.

General Average

General Average Act in Maritime Law

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

The following is a definition of General Average Act, produced by Tetley, in the context of admiralty law: [Fr.”acte d’avarie commune”] [Translation of General Average in Spanish: “acto de avería común”] [Translation of General Average in Italian: “atto di avaria comune”] [Translation of General Average in German: “Gemeinschaftlicher Havarieakt”] – “There is a general average act when, and only when, any extraordinary sacrifice or expenditure is intentionally and reasonably made or incurred for the common safety for the purpose of preserving from peril the property involved in a common maritime adventure.” (York/Antwerp Rules 1994, Rule A first para.; Marine Insurance Act, 1906 (U.K.) sect. 66(2); Tetley, M.C.C., 4 Ed., 2008 at pp. 1747-1808; see generally Tetley, Int’l. M. & A. L., 2003 Chap. 9, pp. 361-396).

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See Also

• See average.

General Average in Admiralty Law

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

Meaning of General Average

In this law dictionary, the legal term general average is a kind of the Maritime law, Commercial law class.

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