ad val.
Americanabbreviation
abbreviation
"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012Example Sentences
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Adverb; adversus=Against. ad val., ad valorem=According to value. advt.
From Project Gutenberg
Customs duty is levied on exports as well as imports, both being assessed at rates based on a nominal 5% ad val.
From Project Gutenberg
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