English dictionary

ad valorem meaning and definition

Definition and meaning of ad valorem at MeaningMonkey.org. ad valorem meaning and definition in the English Dictionary.

AD VALOREM adverb

Definition of ad valorem (adverb)

  1. in proportion to the estimated value of the goods taxed
    • "the goods were taxed ad valorem"
    • synonyms: ad val
Source: Princeton University Wordnet

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