Definify.com
Definition 2024
ad_valorem
ad valorem
English
Adjective
- Measured by or in proportion to value.
- about 1900, O. Henry, The Lost Blend
- "'I forgot to tell you, boys,' says he, 'that Nicaragua slapped an import duty of 48 per cent. ad valorem on all bottled goods last month.
- about 1900, O. Henry, The Lost Blend
Derived terms
Latin
Adjective
ad valorem
- By value.