Business, Legal & Accounting Glossary

Definition: Average


Full Definition of Average

An arithmetic mean of a group of stocks designed to represent the overall market or some part of it, differing from an index in that it is not weighted. The Dow Jones Industrial Average is the most common average.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Average. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 30, 2021 https://payrollheaven.com/define/average/.
Chicago Manual of Style (CMS):
Average. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/average/ (accessed: November 30, 2021).
American Psychological Association (APA):
Average. PayrollHeaven.com. Retrieved November 30, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/average/

Definition Sources

Definitions for Average are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 19th November, 2021 | 0 Views.