Yes, that is definition 1 (merriam-webster). This definition is often invoked by saying "the" before "most," as you did. It's a different definition than defn

Yes, that is definition 1 (merriam-webster). This definition is often invoked by saying "the" before "most," as you did. It's a different definition than defn 2 (m-w), which is what is used when saying "Most farms are not owned by farmers." "The 40% party won the most seats" carries a different meaning than "The 40% party won most seats"