Ad valorem duty

(redirected from Ad Valorem Tariff)
Also found in: Financial, Acronyms.
a duty which is graded according to the cost, or market value, of the article taxed. See Ad valorem.

See also: Duty

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
Mentioned in ?
References in periodicals archive ?
Such ad valorem tariff equivalents are an essential component in allowing Kee, Nicita, and Olarreaga (2009) to generate estimates of trade restrictiveness indices.
This incentive to ship high valued products is not present under an ad valorem tariff. In addition, under the specifics of the SLA, there were options for the secondary manufacturing sector to further process lumber into products not subject to the quota (also true under the tariff).
It has been suggested to us that the purpose of the Confederate Constitution's tariff clause was to establish a uniform, ad valorem tariff rate for all imports, thereby blunting rent-seeking incentives.
This paper also investigates the potential effects on OPEC's power of monopoly from ad valorem tariff, noncartel output, and a switch to alternative fuels.
Would it make sense to use an ad valorem tariff rather than a specific one?