About The Word Ad valorem
Learn about the word Ad valorem to help solve your crossword puzzle. Discover Ad valorem definitions and meaning, origins, synonyms, related terms and more at the free Crossword Dictionary.
Ad valorem
Ad valorem Definition And Meaning |
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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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