• synonyms

ad valorem

[ad vuh-lawr-uh m, -lohr-]
See more synonyms for ad valorem on Thesaurus.com
adjective, adverb
  1. 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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Origin of ad valorem

< Latin: literally, according to the worth
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018

Examples from the Web for ad valorem

Historical Examples of ad valorem

  • Then followed an ad-valorem duty of thirty-three and a third per cent.

    The War After the War

    Isaac Frederick Marcosson

  • By this scheme specific duties were imposed on certain enumerated articles; and an ad-valorem duty on those not enumerated.

British Dictionary definitions for ad valorem

ad valorem

adjective, adverb
  1. (of taxes) in proportion to the estimated value of the goods taxedAbbreviation: ad val, a.v., A/V
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Word Origin for ad valorem

from Latin
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

Word Origin and History for ad valorem

type of customs duties, 1711, Latin, "in proportion to the value" (see value).

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Online Etymology Dictionary, © 2010 Douglas Harper