Definitions for "General Average Act"
A general average act is granted when, and only when such an extraordinary sacrifice or expenditure is reasonably made, intentionally, or suffered for the common safety in the intention of preserving from loss the property unintentionally involved in a common marine undertaking.
Any voluntary sacrifice of property or extraordinary expense incurred in order to save a vessel and its cargo from total loss.
an intentional act or sacrifice authorised by the Master of a ship which is intended to preserve the voyage from a real peril and which results in a general average loss