average ticket
Definitions (2)
2. Broker/dealers: average cost or trade by each customer. Calculation of the average ticket, whether it is used for credit card vendors or broker/dealer commissions is by calculating the total amount of sales over a specific period of time, and then dividing by the time period.
Use average ticket in a sentence
“ The average ticket price was very high and I knew that we needed to make more money if we were going to go to the game. ”
“ The average ticket was a useful calculation to understand the relationships between the borrowers and the lenders completely and fully. ”
“ The accounting team spent a long day running the numbers on the clients average ticket, and then treated themselves to a well deserved dinner downtown. ”
