Dictionary

ad valorem

adjective ad va·lo·rem \ˌad-və-ˈlr-əm\

Definition of AD VALOREM

:  imposed at a rate percent of value <ad valorem tax on goods> — compare specific 5b
ADVERTISEMENT

Origin of AD VALOREM

Latin, according to the value
First Known Use: 1698

Rhymes with AD VALOREM

Browse

Next Word in the Dictionary: advance (verb)Previous Word in the Dictionary: ad valAll Words Near: ad valorem
How to use a word that (literally) drives some people nuts.
Test your vocab with our fun, fast game
Ailurophobia, and 9 other unusual fears