Advertisement

Advertisement

View synonyms for ad valorem

ad valorem

[ ad vuh-lawr-uhm, -lohr- ]

adjective

  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).


ad valorem

/ æd vəˈlɔːrəm /

adjective

  1. (of taxes) in proportion to the estimated value of the goods taxed Abbreviationad vala.v.A/V
“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


Discover More

Word History and Origins

Origin of ad valorem1

< Latin: literally, according to the worth
Discover More

Word History and Origins

Origin of ad valorem1

from Latin
Discover More

Example Sentences

Bicycles entering Belgium pay an ad valorem duty of 12 per cent.

All other produce and general merchandise were moderately taxed, either by tariff or ad valorem.

On this account duties ought never to be levied according to the value of goods, or ad valorem, as it is said.

Eventually the Chancellor agreed to reduce the new ad valorem duty by a third.

This impost was increased by the Assembly of 1732, to a duty of five per centum ad valorem, for four years.

Advertisement

Advertisement

Advertisement

Advertisement


ad val.ad valorem tax