Origin of ad valorem
Classical Latinad valorem


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ad valorem

adjective
Origin of ad valorem
New Latin ad valōrem Latin ad to, according to Late Latin valōrem accusative of valor value
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ad valorem - Investment & 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.
Used by arrangement with John Wiley & Sons, Inc.
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