ad valorem Hear it!

ad valorem Definition

ad· va·lo·rem (ad′ və lôr′əm)

in proportion to the value: a phrase applied to certain duties and taxes levied on goods, property, etc. as a percentage of their value: abbrev. ad val.

Etymology: L

ad valorem Finance Definition
A Latin term that means “according to the value.” It frequently is used to refer to a way of assessing taxes on property or duties on goods in which a percentage of the value of the item is paid as the tax or duty.

Browse dictionary entries near ad valorem

  1. ‹ ad testificandum
  2. ‹ -ad
  3. ‹ ad rem
  4. ‹ ad-
  5. ‹ ad nauseam
  6. ‹ ad loc.
  7. ‹ ad litteram
  8. ‹ ad litem
  9. ‹ ad libitum
  10. ‹ ad lib.
  1. ad valorem tax ›
  2. ad verbum ›
  3. Ada ›
  4. adactylous ›
  5. adage ›
  6. adagio ›
  7. Adam ›
  8. Adam-and-Eve ›
  9. Adam's apple ›
  10. Adam's needle ›