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Off and Average

off

verb

adjective

  • Not in operation or operational.
    • usage: "the oven is off"; "the lights are off"
  • Below a satisfactory level.
    • usage: "an off year for tennis"; "his performance was off"
  • Of events. ( no longer planned or scheduled)
    • usage: "the wedding is definitely off"
  • In an unpalatable state.
    • usage: "sour milk"
  • Not performing or scheduled for duties.
    • usage: "He's off every Tuesday"

adverb

  • From a particular thing or place or position (`forth' is obsolete. )
    • usage: "ran away from the lion"; "wanted to get away from there"; "sent the children away to boarding school"; "the teacher waved the children away from the dead animal"; "went off to school"; "they drove off"; "go forth and preach"
  • At a distance in space or time)
    • usage: "the boat was 5 miles off (or away)"; "the party is still 2 weeks off (or away. "; "away back in the 18th century"
  • No longer on or in contact or attached.
    • usage: "clean off the dirt"; "he shaved off his mustache"
  • (adv.) Denoting a different direction; not on or towards: away; as, to look off.
  • (n.) The side of the field that is on the right of the wicket keeper.
  • (interj.) Away; begone; -- a command to depart.
  • (prep.) Not on; away from; as, to be off one's legs or off the bed; two miles off the shore.
  • (a.) On the farther side; most distant; on the side of an animal or a team farthest from the driver when he is on foot; in the United States, the right side; as, the off horse or ox in a team, in distinction from the nigh or near horse or ox; the off leg.
  • (adv.) In a general sense, denoting from or away from; as:.
  • (adv.) Denoting the action of removing or separating; separation; as, to take off the hat or cloak; to cut off, to pare off, to clip off, to peel off, to tear off, to march off, to fly off, and the like.
  • (adv.) Denoting distance or separation; as, the house is a mile off.
  • (adv.) Denoting a leaving, abandonment, departure, abatement, interruption or remission; as, the fever goes off; the pain goes off; the game is off; all bets are off.
  • (adv.) Denoting opposition or negation.
  • (a.) Designating a time when one is not strictly attentive to business or affairs or is absent from his post, and, hence, a time when affairs are not urgent; as, he took an off day for fishing: an off year in politics.

noun

  • A statistic describing the location of a distribution.
    • usage: "it set the norm for American homes"
  • 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"
  • Achieve or reach on average.
    • usage: "He averaged a C"
  • Compute the average of.

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"
  • Lacking special distinction, rank, or status; commonly encountered.
    • usage: "average people"; "the ordinary (or common) man in the street"
  • 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"
  • Around the middle of a scale of evaluation.
    • usage: "an orange of average size"; "intermediate capacity"; "medium bombers"
  • Relating to or constituting the most frequent value in a distribution.
    • usage: "the modal age at which American novelists reach their peak is 30"
  • 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"

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.