The arithmetic mean.

"The average of 10, 20 and 24 is (10 + 20 + 24)/3 = 18."

Any measure of central tendency, especially any mean, the median, or the mode.

(marine) Financial loss due to damage to transported goods; compensation for damage or loss.

Customs duty or similar charge payable on transported goods.

Proportional or equitable distribution of financial expense.

An indication of a player's ability calculated from his scoring record, etc.

"batting average"

(in the plural) In the corn trade, the medial price of the several kinds of grain in the principal corn markets.

To compute the average of, especially the arithmetic mean.

"If you average 10, 20 and 24, you get 18."

Over a period of time or across members of a population, to have or generate a mean value of.

"I averaged 75% in my examinations this year."

To divide among a number, according to a given proportion.

"to average a loss"

To be, generally or on average.

Constituting or relating to the average.

"The average age of the participants was 18.5."

Neither very good nor very bad; rated somewhere in the middle of all others in the same category.

"I soon found I was only an average chess player."

Typical.

"The average family will not need the more expensive features of this product."

Not outstanding, not good, banal; bad or poor.

The service that a tenant owed his lord, to be done by the animals of the tenant, such as the transportation of wheat, turf, etc.