English version

free of particular average

From Longman Business Dictionary
Related topics: Insurance, Transport
free of particular averageˌfree of parˌticular ˈaverage abbreviation FPA adjective [not before a noun] INSURANCETRANSPORTa condition stating that insurance is only against TOTAL LOSS (=when the thing insured is totally lost or destroyed), not PARTIAL LOSS (=when the thing insured is not totally lost or destroyed). Free of particular average is one of the INSTITUTE CARGO CLAUSES
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