™If average daily volume appears in a quote, filing or account screen, read it together with the instrument, timeframe and calculation method.
Trading
Average daily volume
The average number of shares or contracts traded per day over a stated period.
Plain-English context
Why it matters
This term is part of the language used to describe ownership, pricing, transactions and investment outcomes.
Assuming Average daily volume has one universal interpretation without checking the source, rules, timeframe or methodology.
Use current definitions. Product terms, tax treatment and market rules can change. Confirm important details with official disclosures, regulators and regulated providers.