fpa

FPA.abbr. Free from particular average.

“F.P.A. means Free from Particular Average; that is to say, the insured can recover only where the loss is total or is due to a general average sacrifice. The claims under the Sue and Labour clause are not affected by this stipulation.” 2 E.W. Chance, Principles of Mercantile Law 128 (P.W. French ed., 10th ed. 1951).


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