ad valorem


Definition: Meaning of, ad valorem in English to English dictionary.

Pronunciation: / ˌad vəˈlɔːrɛm /

  • adverb
  • synonym
  • antonym
Word Forms:
Positive Comparative Superlative
N/A N/A N/A
  1. in proportion to the estimated value of the goods taxed
    SYNONYM
    ANTONYM
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synonym
antonym

ad valorem used in phrases

  • ad valorem tax (noun)
    1. a tax levied on the difference between a commodity's price before taxes and its cost of production
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