ad valorem

English

Etymology

Latin.

Adverb

ad valorem (not comparable)

1. Measured by or in proportion to value.
   • c. 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

• ad valorem tax

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Latin

Phrase

ad valorem

1. By value.