Free of particular average (FPA)

Free of particular average (FPA),

Definition of Free of particular average (FPA):

  1. Marine insurance provision which limits the liability of an insurance company to only those losses that exceed a specified percentage of the value of the goods. It is similar to the deductible clause included in other types of insurance, but is not applicable where a cover for total loss is in force. FPA conditions are applied where the goods are extremely susceptible to damage, or are rendered almost worthless from exposure to water or heat. However, its usage differs in the UK (where it applies to partial loss caused directly or indirectly by mishaps such as burning, collision, sinking, or stranding of the ship) from its usage in the US (where it applies only to loss caused directly by such mishaps). FPA conditions have now largely been replaced by the world-wide standard Institute Cargo Clause C. See also with particular average.

  2. In shipping parlance, the word “average” is associated with losses, and “general average” refers to a loss associated with cargo or the ship itself. The expense of protecting the ship and its cargo is typically shared between the shipowner, the cargo owner, and other interested parties on a pro-rata basis.

  3. Free of Particular Average (FPA) is an insurance contract clause that eliminates an insurer’s liability for partial losses. FPA clauses are most commonly found in marine insurance policies.

How to use Free of particular average (FPA) in a sentence?

  1. There are two common FPAs conditions used—English and American.
  2. The FPA clause takes away an insurer's liability for partial losses.
  3. Typically FPA is used in marine insurance policies, often regarding cargo.

Meaning of Free of particular average (FPA) & Free of particular average (FPA) Definition

Free Of Particular Average (FPA),

What is The Meaning of Free Of Particular Average (FPA)?

  1. Provisions of the Maritime Maritime Policy which remove the protection of loss of part of cargo.

  2. U.S. conditions under this maritime agreement, which caused the shipwreck to be completely destroyed, will be covered, but partial damage cannot be reimbursed unless it caused any damage through U.S. conditions on Wednesday. Don't be They are usually intended for deck loading. English term: Basically the same term as in the United States, but more comprehensive in the sense that the police will pay for some of the damage, regardless of whether it was caused by some maritime hazards or damage after the incident. Yes, even if it is. Occur with unbelievable. Immediately, there is no danger. The sea causes damage. The English term is usually applied to the cargo under the deck.

Literal Meanings of Free Of Particular Average (FPA)

Free:

Meanings of Free:
  1. There is no commission or payment.

  2. With soft leaves

  3. Detention, release or release from slavery.

  4. It is not under the control or authority of anyone else who is able to do or do as you wish.

  5. It is missing or blocked or no longer blocked.

  6. Not subject to or limited by agreements or obligations.

  7. Depending on or not affected by them (some things, generally undesirable)

  8. Send or available for free.

  9. Wear or spend luxury without restrictions.

Sentences of Free
  1. Admission is free for women

  2. I kept them out of the air and left for free until I came face to face

  3. You have been released from prison

  4. I have no desire but to live a happy and free life

  5. Researchers released the bird

  6. He spends his free time shopping

  7. Membership is free

  8. Free medical aid

  9. He is always free of his money

  10. Elliott thought that no verse was suitable for a lion who wanted to do a good job.

  11. We have free air, light air, but dark clouds of color begin to rise and sometimes thunder disappears without a glimmer.

Synonyms of Free

discharge, on leave, off work, unaffected by, release, lacking in, not tied up, open-handed, on the loose, turn loose, not at work, off, set loose, complimentary, let loose, not working, between appointments, giving, clear of, bounteous

Of:

Meanings of Of:
  1. Expresses the relationship between the partial and the whole.

  2. Express the relationship between scale and size and value.

  3. Indicates an association between two entities, usually an association.

  4. It shows the relationship between the address and the reference point.

  5. Express the relationship between a general type or type and the specific items that fall into this category.

  6. An indication of a substance or substance in which something has been done.

Synonyms of Of

done by, caused by, from, carried out by, in, of, by, made by

Particular:

Meanings of Particular:
  1. A unique piece as opposed to universal features.

  2. A description

  3. It is used to distinguish a member of a particular group or class.

  4. Too big or too severe

  5. Emphasize that every detail must be correct or appropriate.

Sentences of Particular
  1. In Chapter 19, I reviewed the various explanations for the first of these differences and wondered if we really needed to include the universe and features in our ontology.

  2. He was wrong in every detail

  3. This act discriminates against a particular group of companies

  4. Cashiers should be very careful when handling or checking money

  5. Cleaning is very special

Synonyms of Particular

over-fastidious, marked, certain, fact, demanding, finicky, item, particularity, specification, exceptional, detail, separate, painstaking, element, respect, fussy, finical, thing, dainty, fine point, notable, uncommon, circumstance, exacting, noteworthy, distinct, isolated

Average:

Meanings of Average:
  1. Press or reach the average level or value from time to time.

  2. A number that represents the central or general value of a set of data, specifically the mode, median, or (more commonly) average value, calculated by dividing the sum of the values ​​in the set by the number Is done.

  3. Transfer of financial responsibility for damage or financial loss to the ship or its cargo.

  4. By multiplying the result by the number and dividing that amount by the amount of the quantity.

Sentences of Average
  1. Average annual inflation 2.4%

  2. Property prices are double the national average

  3. Specific average means partial loss or damage to a ship, cargo or goods.

  4. The average temperature in May is 16 degrees Celsius.

Synonyms of Average

mode, midpoint, mean, centre, middle, medial, median

FPA:

Meanings of FPA:
  1. (In England) Family Planning Association.

Free Of Particular Average (FPA),

What is The Definition of Free Of Particular Average (FPA)?

  • A shipping policy that eliminates partial cargo damage protection.

  • American conditions. According to the maritime agreement, regardless of the cause of the complete destruction of the cargo, it will be covered, but partial damages will be covered only if it is due to any of the identified hazards of maritime traffic. The American term generally applies to deck cargo. English term: Basically similar to the American term, but broader in the sense that the police will pay some damages, whether for a threat at sea or for damages after such an incident, even if it is not. Immediately attributed to danger. Causing damage to any sea. The English term usually refers to the cargo under the deck.

Literal Meanings of Free Of Particular Average (FPA)

Free:

Meanings of Free:
  1. Able to work or do as he pleases without being under the control of other people.

  2. Not subject to any liability or responsibility

  3. Not sent or affected (some unwanted)

  4. Given or provided free of charge.

  5. Bring or spend generously without any restrictions.

  6. (Literary or musical) which does not follow the usual style or formal conventions.

  7. (Wind) Flying in a favorable direction on the side or side of the ship.

  8. With soft sheet

Sentences of Free
  1. Our sauces do not contain preservatives.

  2. He is always free with his money.

  3. Women have free admission.

  4. I keep them out of the air and travel freely until they stand up.

  5. Your inheritance freed you from financial hardship.

  6. We spare administrative time for alternative jobs.

  7. No smoke

Synonyms of Free

devoid of, unshackled, disburden of, liberate, for free, gratuitous, extravagant, let go, released from, for nothing, not busy, munificent, charitable, with time on one's hands, liberal, not liable to, emancipate, excused of, dispense from, unburden of, let off the ■■■■, available

Of:

Meanings of Of:
  1. Expresses the relationship between part and whole.

  2. Identify the affiliation between two entities, usually one of the affiliation, the title of the first sentence and the second related to it.

  3. Expresses the relationship between direction and reference point.

  4. Indicates the relationship between a general category or type and a particular item belonging to that category.

  5. Derived from a verb or after a related noun.

  6. Where the sentence header is a predictive adjective.

  7. The spelling ob has been merged before F (as offensive).

Sentences of Of
  1. North of Watford

Particular:

Meanings of Particular:
  1. To insist that in all boring details, something must be correct or appropriate.

  2. Unlike individual elements, such as universal properties.

Sentences of Particular
  1. This process discriminates against a specific group of companies.

  2. He is wrong at every point

  3. Universal can be explained in different details at different places at the same time.

Synonyms of Particular

over-particular, choosy, punctilious, nice, outstanding, faddy, singular, extra special, selective, feature, definite, regard, peculiar, express, remarkable, persnickety, faddish, single, unique, individual, discriminating, unusual, meticulous, critical, special, especial, aspect, picky, precise

Average:

Meanings of Average:
  1. A number that represents the central or specific value of a dataset, specifically the mode, median, or (often) mean value, which is calculated by dividing the amount of values ​​in the dataset by their amount.

  2. Transfer of financial responsibility for damage or loss to the ship or its cargo.

  3. It adds some quantity to form the result and then divides that number by the sum of the quantities.

  4. Amount during total or average level obtained or average period.

Sentences of Average
  1. The proportion of people over 60 is 19% higher than the EU average

  2. The average temperature in May is 4 ° C below normal.

Synonyms of Average

rule, the general run, standard, norm

FPA:

Meanings of FPA:
  1. (In the UK) Family Planning Association

Free Of Particular Average (FPA),

How Do You Define Free Of Particular Average (FPA)?

Free Of Particular Average (FPA) means: A shipping policy that removes partial cargo damage protection.

Meaning of Free Of Particular Average (FPA): American conditions. Under this maritime agreement, the complete destruction of cargo will be covered, regardless of the cause, but the partial loss will only be met if it is caused by one of the identified threats to maritime traffic. The American term generally applies to deck cargo. English term: Basically the same as the American term, but police is broader as partial compensation payments, regardless of whether it was caused by a maritime threat or post-incident damage. Even if not directly attributed to maritime danger. Causing losses. The English term usually refers to the cargo under the deck.

Literal Meanings of Free Of Particular Average (FPA)

Free:

Meanings of Free:
  1. Able to do whatever he wants without being under the control of other people.

  2. Is not or is no longer locked or unlocked.

  3. Not subject to any liability or obligations.

  4. Sent or not affected by (something unwanted).

  5. (Literary or musical) that does not follow the usual stylistic or formal conventions.

  6. (Wind) Moving in the right direction on the side of the ship or on the ring.

  7. With a soft sheet.

  8. Providing for a specific purpose.

  9. Free from or.

Sentences of Free
  1. Researchers released the birds.

  2. I kept them out of the air and flew free until I stood up

  3. Your inheritance saved you from financial hardship

  4. Without smoke

Synonyms of Free

exempt from, exempt, unbound, uncage, lavish, unfetter, unconfined, make exempt, disenthral, unchained, deliver, set at liberty, spare, on the house, unoccupied, unstinting, unfettered, absolve, unleash, exempted from, at liberty, free of charge, minus, relieve of, unencumbered by, generous, on holiday, unrestrained

Of:

Meanings of Of:
  1. Identify the association between two entities, usually an affiliation, the title of the first sentence and something related to it.

  2. Derived from or after a noun related to a verb.

  3. The spelling ob is merged before f (as is the case).

Sentences of Of
  1. In New York, only a quarter of three

Particular:

Meanings of Particular:
  1. Individual elements as opposed to universal properties.

Sentences of Particular
  1. This process appears to discriminate against a specific group of companies.

  2. The cashier should be careful when handling or checking money.

  3. He asks a lot when it comes to cleanliness.

  4. Universal can be shown in different places at the same time in different details.

Synonyms of Particular

pernickety, discrete

Average:

Meanings of Average:
  1. A number that represents the central or specific value of a dataset, specifically the mode, median, or (often) average value, calculated by dividing the number of values ​​in the dataset by their sum.

  2. This results by adding some quantities and then dividing that number by the sum of the quantities.

  3. Money is earned either as an average rate or over an average period of time.

Sentences of Average
  1. The proportion of people over the age of 60 is higher than the EU average of 19%

  2. The average temperature in May is 4 degrees Celsius below normal.