general average

(redirected from York Antwerp Rules)
Also found in: Legal, Financial, Acronyms.
Related to York Antwerp Rules: General average

general average

n
(Insurance) insurance loss or damage to a ship or its cargo that is shared among the shipowners and all the cargo owners. Abbreviation: GA Compare particular average
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014