Substituted Expenses

Summary of Substituted Expenses

A principle employed in General Average (read this and related legal terms for further details) adjusting that permits recovery for an expense arising in place of another expense that would be otherwise recoverable in general average. The expense is defined in Rule F on the York-Antwerp Rules as: Any extra expense incurred in place of another expense which would have been allowable as general average and so allowed without regard to saving, if any, to other interests, but only up to the amount of the general average expense avoided.

(Main Author: William J. Miller)