ad valorem
[ ad vuh-lawr-uh m, -lohr- ]
/ æd vəˈlɔr əm, -ˈloʊr- /
adjective, adverb
in proportion to the value (used especially of duties on imports that are fixed at a percentage of the value as stated on the invoice).
Origin of ad valorem
< Latin: literally, according to the worth
Words nearby ad valorem
ad sat.,
ad seg,
ad us. ext.,
ad utrumque paratus,
ad val.,
ad valorem,
ad valorem tax,
ad verbum,
ad vitam,
ad vivum,
ad-
Example sentences from the Web for ad valorem
By this scheme specific duties were imposed on certain enumerated articles; and an ad-valorem duty on those not enumerated.
The Life of George Washington, Vol. 4 (of 5) |John MarshallThen followed an ad-valorem duty of thirty-three and a third per cent.
The War After the War |Isaac Frederick Marcosson
British Dictionary definitions for ad valorem
ad valorem
/ (æd vəˈlɔːrəm) /
adjective, adverb
(of taxes) in proportion to the estimated value of the goods taxed
Abbreviation: ad val, a.v., A/V
Word Origin for ad valorem
from Latin