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).

QUIZZES

DO YOU KNOW THIS VOCABULARY FROM "THE HANDMAID'S TALE"?

"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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decorum

Origin of ad valorem

< Latin: literally, according to the worth
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Example sentences from the Web for ad valorem

British Dictionary definitions for ad valorem

ad valorem
/ (æd vəˈlɔːrəm) /

adjective, adverb

(of taxes) in proportion to the estimated value of the goods taxedAbbreviation: ad val, a.v., A/V

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