average consumer definition

average consumer means the consumer who is reasonably well informed and reasonably observant and circumspect.
average consumer means the consumer who is reasonably well informed and reasonably observant and circumspect, taking into account any relevant social, cultural or linguistic factors;
average consumer means the consumer who is reasonably well informed and reasonably observant and circumspect, taking account of social, cultural and linguistic circumstances;

More Definitions of average consumer

average consumer means a consumer who is reasonably well informed and reasonably observant and circumspect, taking into account social, cultural and linguistic factors; and if a contract of insurance is directed at a particular group of consumers, “average consumer” shall be read as “the average member of that group”; and if the contract of insurance would be likely materially to distort the economic behaviour only of a clearly identifiable group of consumers who are natural persons, and whom the insurer could reasonably be expected to foresee as being particularly vulnerable because of their mental or physical infirmity, age or credulity, “average consumer” shall be read as “the average member of that vulnerable group
average consumer means the consumer who is reasonably observant and circumspect, who belongs, as appropriate, to the population group targeted by the claim.
average consumer means a regular adult family shopper able to compare products by label-listed definition.
average consumer means the consumer who is properly informed and reasonably observant and circumspect.
average consumer means a consumer who is reasonably well informed and reasonably 10
average consumer means the

Related to average consumer

  • Average consumption means the average consumption by a customer of a municipal service during a specific period, which consumption is calculated by dividing by three the total measured consumption of that service by that customer over the preceding three months;

  • Average Wholesale Price or “AWP” means the benchmark price established by a nationally available reporting service as selected by SOUTHERN SCRIPTS based on the 11-digit National Drug Code (“NDC”) of the Covered Medication dispensed by PHARMACY.

  • Weighted Average SOFR means the arithmetic mean of SOFR in effect for each Business Day during the relevant Interest Period, calculated by multiplying the relevant SOFR by the number of calendar days such SOFR is in effect, determining the sum of such products and dividing such sum by the number of calendar days in the relevant Interest Period, provided however that during a Suspension Period, the SOFR for each day during that Suspension Period will be the value for the Business Day immediately prior to the first day of such Suspension Period. For purposes of this provision “Suspension Period” is the number of Business Days prior to the end of the relevant Interest Period as specified in the applicable pricing supplement.

  • Average Daily Flow means the cumulative total sewage flow to the sewage works during a calendar year divided by the number of days during which sewage was flowing to the sewage works that year;

  • Average means the arithmetic mean.