The broadest marine coverage that pays partial or total loss. The amount is paid in full no matter the average.
AVERAGE VARIABLE COST
Any nonfixed costs used to create a product. They can be labor or electricity just to name two.
AVERAGE UP
When an investor buys long position shares to reduce prices and make more profit. Compare this term to average down and dollar cost averaging.
AVERAGE TOTAL COSTS (ATC)
All costs for manufacturing divided by the units produced.
AVERAGE TOTAL ASSETS
When the assets of the previous year are compared to the current year. This gives an average amount of assets a company owns.
AVERAGE SETTLEMENT PERIOD
The time a company takes to pay creditors. This term also applies to debtors. The sales, days, and creditors are used to get this amount.
AVERAGE RATE OF RETURN
The way to appraise investments to predict the return. The cash flows is divided by the number of years of the investment.
AVERAGE PROPENSITY TO SAVE
The amount after tax that is not spent on consumer goods. This varies depending on the income level.
AVERAGE PROPENSITY TO CONSUME
The amount after tax that is spent on consumer goods. This amount varies depending on income level.
AVERAGE PRICE PER SHARE
The way cost is decided using cost of shares and the numbe of them that are held. Refer to average down and average up.
AVERAGE PAYMENT PERIOD
The time a company takes to pay off purchases with credit. This keeps the working capital from changing.
AVERAGE PAYMENT METHOD
The time a company is required to pay on their purchases. The purchases are turned into accounts payable.
AVERAGE OUTGOING QUALITY LIMIT
The most quality to be expected in the manufacturing process. A samping plan and proper disposal are considered.
AVERAGE OUTGOING QUALITY
The average quality expected of a product after it has been manufactured.
AVERAGE NET RECEIVABLES
When the net account received for the previous and current year are compared.
AVERAGE MATURITY
The amount of itme a maturity for fixed rate instruments in a portfolio. A shorter maturity is more vulnerable to changing interest rates.
AVERAGE LIFE
1. the time before a debt is to be paid. the figures are used to compare the best option. Refer to half life. AKA economic life.