average

Definition

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.

Use average in a sentence

The average product replacement for the consumer is two years so we plan on releasing new technology every two years.

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The best investment for a middle-class American is neither expensive stock, nor cheap stock; rather, the best investment would be an average priced stock.

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Their stock price on average had beat all of the competitors over a five year period. While they had a few peaks and valleys, overall they were very successful.

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constant percent prepayment (CPP) days payable