UK: Property sacrificed for the common safety of the maritime adventure. The owner of sacrificed cargo may claim directly against his insurer under the Institute Cargo Clauses, or, after completion of the voyage, seek general average contributions from the ‘saved interests. See GENERAL AVERAGE.
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The sacrifice of one of the interests in a marine venture made to preserve the other interests from a total loss.
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The voluntary destruction of part of the vessel or the cargo, or the deliberate expenditure of funds in time of grave peril, which is successful in avoiding total disaster.