General average contribution
Defined in 1 dictionary — Case Law
Definitions from Case Law
United States Supreme Court
a contribution by all the parties in a sea adventure to make good the loss sustained by one of their number on account of sacrifices voluntarily made of part of the ship or cargo to save the residue and the lives of those on board from an impending peril, or for extraordinary expenses necessarily incurred by one or more of the parties for the general benefit of all the interests embarked in the enterprise.
Defined by the Supreme Court in Star of Hope, 76 U.S. 203.