Ad Valorem Definition

ăd və-lôrəm
adjective
In proportion to the value.
Webster's New World

Measured by or in proportion to value.

Wiktionary
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Origin of Ad Valorem

  • New Latin ad valōrem Latin ad to, according to Late Latin valōrem accusative of valor value

    From American Heritage Dictionary of the English Language, 5th Edition

  • L

    From Webster's New World College Dictionary, 5th Edition

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