TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

general average guarantee [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2018-02-26

English

Subject field(s)
  • Transportation Insurance
  • Transport of Goods
  • Trade
DEF

A written guarantee made by an insurance company to pay an insured's proportion of a general average loss.

OBS

Such a guarantee is usually accepted by the general average adjuster in lieu of a cash deposit and is additional security to the bond signed by the owner of the goods subject to the general average loss.

French

Domaine(s)
  • Assurance transport
  • Transport de marchandises
  • Commerce
Key term(s)
  • garantie au titre d'avaries communes
  • garantie d'avaries communes

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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