Average Adjuster or Stater

The American Dictionary and Cyclopedia · 1907 · p. 44
( Mar. Law.) A person employed to adjust all claims for lo or damage arising from marine insurance risks, and whose duty it is to prepare a judicial statement of the same, as an impartial decision on the conflicting interests at stake. Av'erage Bond, n. ( Com.) A deed or instrument drawn up by a public notary, and subscribed to by the persons concerned in a case of general average, whereby they agree to refer it for adjustment to an average stater or adjuster. The latter will decide what proportion of the general lo shall attach to the pro ratá value of each individual interest involved. A'verasboro', (BATTLE OF.) See AVERYSBOROUGH. cat or. "Time, the avenger, unto thee I lift My hands, and eyes, and heart, and crave of thee a gift."-Byron. Avenger of Blood. See BLOOD, (AVENGER OF.)
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