average rate

  • A rate used in fire insurance to determine the premium for a policy or policies covering more than one location or more than one type of property.

    Internal Revenue Service 1

1Internal Revenue Service, Internal Revenue Manual 4.42.6 Glossary, http://­www.irs.gov/­irm/­part4/­irm_04-042-006.html (last accessed Dec. 22, 2009).