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Glossary   >   A   >   "Average" Definition            Average An arithmetic mean return of selected stocks intended to represent the behavior of the market or some component of it. One good example is the widely quoted Dow Jones Industrial Average, which adds the current prices of the 30 DJIAs stocks, and divides the results by a predetermined number, the divisor. Apportionment of loss on an equitable basis. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Average \ An arithmetic mean return of selected stocks intended to represent the behavior of the market or some component of it. One good example is the widely quoted Dow Jones Industrial Average, which adds the current prices of the 30 DJIAs stocks, and divides the results by a predetermined number, the divisor.

Apportionment of loss on an equitable basis.