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ad va·lo·rem(ăd′ və-lôr′əm)
In proportion to the value: ad valorem duties on imported goods.
[New Latin ad valōrem : Latin ad, to, according to + Late Latin valōrem, accusative of valor, value.]
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
ad valorem(æd vəˈlɔːrəm)
(Economics) (of taxes) in proportion to the estimated value of the goods taxed. Abbreviation: ad val, a.v. or A/V
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
ad va•lo•rem(æd vəˈlɔr əm, -ˈloʊr-)
in proportion to the value: used esp. of a tax.
[< Latin: literally, according to the worth]
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ad valorem- A type of customs duties, from Latin, meaning "in proportion to the value."
See also related terms for proportion.
Farlex Trivia Dictionary. © 2012 Farlex, Inc. All rights reserved.
A Latin phrase meaning in proportion to the value of something.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited