[ 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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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