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Definition 2024


ad_valorem

ad valorem

English

Adjective

ad valorem (not comparable)

  1. 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.

Derived terms


Latin

Adjective

ad valorem

  1. By value.