Average and Offset

noun

• A statistic describing the location of a distribution.
  • usage: "it set the norm for American homes"
  • synonyms: norm
• Sports) the ratio of successful performances to opportunities. (
• An intermediate scale value regarded as normal or usual.
  • usage: "he is about average in height"; "the snowfall this month is below average"

verb

• Amount to or come to an average, without loss or gain.
  • usage: "The number of hours I work per work averages out to 40"
  • synonyms: average out
• Achieve or reach on average.
  • usage: "He averaged a C"
• Compute the average of.
  • synonyms: average out

adjective

• Approximating the statistical norm or average or expected value.
  • usage: "the average income in New England is below that of the nation"; "of average height for his age"; "the mean annual rainfall"
  • synonyms: mean
• Lacking special distinction, rank, or status; commonly encountered.
  • usage: "average people"; "the ordinary (or common) man in the street"
  • synonyms: ordinary
• Lacking exceptional quality or ability.
  • usage: "a novel of average merit"; "only a fair performance of the sonata"; "in fair health"; "the caliber of the students has gone from mediocre to above average"; "the performance was middling at best"
  • synonyms: fair, mediocre, middling
• Around the middle of a scale of evaluation.
  • usage: "an orange of average size"; "intermediate capacity"; "medium bombers"
  • synonyms: intermediate, medium
• Relating to or constituting the most frequent value in a distribution.
  • usage: "the modal age at which American novelists reach their peak is 30"
  • synonyms: modal
• Relating to or constituting the middle value of an ordered set of values (or the average of the middle two in a set with an even number of values. )
  • usage: "the median value of 17, 20, and 36 is 20"; "the median income for the year was $15, 000"
  • synonyms: median

• (n.) A contribution to a loss or charge which has been imposed upon one of several for the general benefit; damage done by sea perils.
• (n.) That service which a tenant owed his lord, to be done by the work beasts of the tenant, as the carriage of wheat, turf, etc.
• (n.) The equitable and proportionate distribution of loss or expense among all interested.
• (n.) In the English corn trade, the medial price of the several kinds of grain in the principal corn markets.
• (a.) Pertaining to an average or mean; medial; containing a mean proportion; of a mean size, quality, ability, etc.; ordinary; usual; as, an average rate of profit; an average amount of rain; the average Englishman; beings of the average stamp.
• (a.) According to the laws of averages; as, the loss must be made good by average contribution.
• (v.t.) To find the mean of, when sums or quantities are unequal; to reduce to a mean.
• (n.) A tariff or duty on goods, etc.
• (n.) Any medial estimate or general statement derived from a comparison of diverse specific cases; a medium or usual size, quantity, quality, rate, etc.
• (v.t.) To divide among a number, according to a given proportion; as, to average a loss.
• (n.) A mean proportion, medial sum or quantity, made out of unequal sums or quantities; an arithmetical mean. Thus, if A loses 5 dollars, B 9, and C 16, the sum is 30, and the average 10.
• (v.i.) To form or exist in, a mean or medial sum or quantity; to amount to or to be, on an average; as, the losses of the owners will average twenty five dollars each; these spars average ten feet in length.
• (n.) Any charge in addition to the regular charge for freight of goods shipped.
• (v.t.) To do, accomplish, get, etc., on an average.

Average is a stock market average is a mathematical way of showing the price changes in representative stocks. It is designed to reflect the general movement of the broad market or a certain segment of the market. A true average adds the prices of the stocks it covers and divides that amount by the number of stocks. However, many averages are weighted, which means they count stocks with the highest prices or largest market capitalizations more heavily than they do others. That's to account for differences in their impact on the markets and on the economy in general. The most widely followed average is the price-weighted Dow Jones Industrial Average (DJIA), which measures the performance of 30 industrial stocks.

noun

• The time at which something is supposed to begin.
  • usage: "they got an early start"; "she knew from the get-go that he was the man for her"
  • synonyms: beginning, commencement, first, outset, get-go, start, kickoff, starting time, showtime
• A compensating equivalent.
  • synonyms: counterbalance
• A horizontal branch from the base of plant that produces new plants from buds at its tips.
  • synonyms: stolon, runner
• A natural consequence of development.
  • synonyms: outgrowth, branch, offshoot
• A plate makes an inked impression on a rubber-blanketed cylinder, which in turn transfers it to the paper.
  • synonyms: offset printing
• Structure where a wall or building narrows abruptly.
  • synonyms: set-back, setoff

verb

• Compensate for or counterbalance.
  • usage: "offset deposits and withdrawals"
  • synonyms: countervail
• Make up for.
  • usage: "His skills offset his opponent's superior strength"
  • synonyms: cancel, set off
• Cause (printed matter) to transfer or smear onto another surface.
• Create an offset in.
  • usage: "offset a wall"
• Produce by offset printing.
  • usage: "offset the conference proceedings"

• (n.) A sum, account or value set off against another sum or account, as an equivalent; hence, anything which is given in exchange or retaliation; a set-off.
• (v.t.) To form an offset in, as in a wall, rod, pipe, etc.
• (n.) In general, that which is set off, from, before or against, something.
• (imp.&p.p.) of Offset.
• (n.) A more or less distinct transfer of a printed page or picture to the opposite page, when the pages are pressed together before the ink is dry or when it is poor.
• (n.) A horizontal ledge on the face of a wall, formed by a diminution of its thickness or by the weathering or upper surface of a part built out from it; -- called also set-off.
• (n.) An abrupt bend in an object, as a rod, by which one part is turned aside out of line, but nearly parallel, with the rest; the part thus bent aside.
• (v.t.) To set off; to place over against; to balance; as, to offset one account or charge against another.
• (n.) A short distance measured at right angles from a line actually run to some point in an irregular boundary or to some object.
• (n.) A spur from a range of hills or mountains.
• (v.i.) To make an offset.
• (n.) A short prostrate shoot, which takes root and produces a tuft of leaves, etc. See Illust. of Houseleek.

Is: a. In banking, the deduction by a debtor from a claim or demand of a debt or obligation. Such an' OFFSET' is based upon a counterclaim against the party making the original claim. Example: Seller makes a claim or files a lawsuit asking for $20, 000 from Debtor as the final payment in purchase of a restaurant; as part of his defense Debtor claims an offset of $10, 000 for alleged funds owed by Seller for repairs Debtor made on property owned by Seller, thus reducing the claim of Seller to $10, 000; b. In accounting, the amount equaling or counterbalancing another amount on the opposite side of the same ledger or the ledger of another account; c. In securities, the elimination of a long or short position by making an opposite transaction. See also OFFSET ACCOUNT.