[ ad vuh-lawr-uh m, -lohr- ]
/ æd vəˈlɔr əm, -ˈloʊr- /
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).
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"The Handmaid's Tale" was required reading for many of us in school. Everyone else has probably watched the very popular and addictive TV show. Do you remember this vocabulary from the book, and do you know what these terms mean?
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Origin of ad valorem
< Latin: literally, according to the worth
Words nearby ad valorem
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
Example sentences from the Web for ad valorem
British Dictionary definitions for ad valorem
/ (æd vəˈlɔːrəm) /
(of taxes) in proportion to the estimated value of the goods taxedAbbreviation: ad val, a.v., A/V
Word Origin for ad valorem
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012