Average Loss
Defined in 2 dictionaries — Black's (1891), Burrill (1850)
A Dictionary of Law
Henry Campbell Black · 1891
In maritime law. A partial loss of goods or vessels insured, for which the insurers are bound to compensate the insured in the proportion which the loss bears tothe whole insurance. 2Steph. Comm, 178.
A New Law Dictionary and Glossary
Alexander M. Burrill · 1850
In maritime law. A partial loss of goods or vessels insured, for which the indm^rs are bound to compensate the insxired in the proportion which the loss bears to the whole insurance. 2 Stepk. Com. 178.