What is the definition of Average agreement? | Dictionary.net

AVERAGE AGREEMENT

\ˈavɹɪd͡ʒ ɐɡɹˈiːmənt], \ˈavɹɪd‍ʒ ɐɡɹˈiːmənt], \ˈa_v__ɹ_ɪ_dʒ ɐ_ɡ_ɹ_ˈiː_m_ə_n_t]\

Definitions of AVERAGE AGREEMENT

1910 - Black's Law Dictionary (2nd edition)

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

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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