average bond
C2CEFR level
93/100Rarity: very rare
TechnicalRegister
An undertaking given by cargo interests to pay their due general average contribution, taken so that goods may be released before the adjustment is complete.
Cargo was delivered only against an average bond and a cash deposit or underwriters' guarantee.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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