Average - Etymology

Etymology

An early meaning (c. 1500) of the word average is "damage sustained at sea". The root is found in Arabic as awar, in Italian as avaria, in French as avarie and in Dutch as averij. Hence an average adjuster is a person who assesses an insurable loss.

Marine damage is either particular average, which is borne only by the owner of the damaged property, or general average, where the owner can claim a proportional contribution from all the parties to the marine venture. The type of calculations used in adjusting general average gave rise to the use of "average" to mean "arithmetic mean".

However, according to the Oxford English Dictionary, the earliest usage in English (1489 or earlier) appears to be an old legal term for a tenant's day labour obligation to a sheriff, probably anglicised from "avera" found in the English Domesday Book (1085). This pre-existing term thus lay to hand when an equivalent for avarie was wanted.

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