The term market average refers to an indicator or measure that represents the typical, normal, or expected performance, behavior, or outcome within a particular market, industry, or group. It is often used as a benchmark against which individual performances can be compared and evaluated. In finance, for example, the market average may refer to the overall growth or return of an entire stock market, sector, or index over a specific period of time. This information can help investors make informed decisions about their portfolios by providing context on how well they are performing relative to the broader market trends. In other words, it provides a general picture of what is typical or expected in terms of performance within a particular market.