About The Word Ad valorem

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Ad valorem

Ad valorem Meaning & Definition
Ad valorem Definition And Meaning

What's The Definition Of Ad valorem?

[adv] in proportion to the estimated value of the goods taxed; "the goods were taxed ad valorem"

Synonyms | Synonyms for Ad valorem: ad val

Related Terms | Find terms related to Ad valorem:

See Also |

Ad valorem In Webster's Dictionary

\Ad va*lo"rem\ [L., according to the value.] (Com.) A term used to denote a duty or charge laid upon goods, at a certain rate per cent upon their value, as stated in their invoice, -- in opposition to a specific sum upon a given quantity or number; as, an ad valorem duty of twenty per cent.

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