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Australian Water Information Dictionary

volume weighted average price (VWAP)

The average value (dollars per megalitre) of the water traded where each trade is weighted proportionally by the volume of water (in megalitre) involved in the sale. This provides a more accurate representation of the price (i.e. high volume trades generally attract a ‘bulk discount’).

This definition applies to:

• Glossary for Water status: Water Market Reports

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