ad valorem definition

  • adjective:
    • compared on price: advertising valorem obligations on imported items.
    • calculated by or perhaps in proportion to worth.
  • others:
    • a phrase familiar with denote a duty or cost laid upon products, at a certain rate per cent upon their particular value, as previously mentioned in their charge, -- against a certain amount upon certain amount or quantity.
    • According to value.
  • adverb:
    • compared on predicted value of items taxed

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