ad valorem

adjective ad va·lo·rem \ ˌad-və-ˈlȯr-əm \
|Updated on: 3 Jul 2018

Definition of ad valorem

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

Recent Examples of ad valorem from the Web

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'ad valorem.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

Origin and Etymology of ad valorem

New Latin ad valōrem "according to the value"


Law Dictionary

ad valorem

adjective ad va·lo·rem \ ˈad-və-ˈlōr-əm, ˈäd-vä-ˈlō-rem \

legal Definition of ad valorem

: imposed at a rate based on a percent of value
  • an ad valorem tax on real estate

Origin and Etymology of ad valorem

Latin, according to the value


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