AD VALOREM
(adverb)Did you mean?
Definitions
There is 1 meaning of the phrase
Ad Valorem.
Ad Valorem - as an adverb
In proportion to the estimated value of the goods taxed
Example: "The goods were taxed ad valorem"
Synonyms (Exact Relations)
ad valExample Sentences
"The government implemented an ad valorem tax on imported goods."
"We calculated the ad valorem duty based on the value of the imported car."
"The ad valorem assessment is determined by the appraised value of the property."
"Companies must pay ad valorem fees on the value of their assets."
"The ad valorem system helps ensure fairness in taxation."
