A partial loss caused by a form of water transportation, which the property owner must bear the cost of entirely.
Related information about particular average:
- Particular Average: Definition from Answers.com
Particular Average 1. expenses and damages incurred as the result of damage to a ship and its cargo, and/or of taking direct action to prevent initial.
- What is particular average? definition and meaning
Definition of particular average: Marine insurance provision under which damages or expenses incurred by a shipper (whose cargo is exposed to a danger) are ...
- Particular average - Legal Dictionary - The Free Dictionary
PARTICULAR AVERAGE. This term, particular average, has been condemned as not being exact. See Average. It denotes, in general, every kind of expense or ...
- Particular Average Loss - Legal Dictionary - The Free Dictionary
In maritime law, damage sustained by a ship, cargo, or freight that is not recompensed by contribution from all interests in the venture but must be borne by the ...
- particular average (law) -- Britannica Online Encyclopedia
A particular average is one that is borne by the owner of the lost or damaged property (unless he was insured against the risk). A general average is one that is ...
- particular average - Insurance Glossary
particular average - In ocean marine insurance, a partial loss sustained by a specified cargo or vessel.
- Particular average | Define Particular average at Dictionary.com
a loss at sea, as through accident or negligence, that is borne solely by the owner of the lost property. Abbreviation: P.A.. Relevant Questions. How to Write a Bill ...
- Free of Particular Average (FPA)
Jul 21, 2009 ... Free of Particular Average (FPA) - A marine insurance clause relating to the recoverability of partial and total losses from perils of the sea.