ad valorem

play
adjective ad va·lo·rem \ ˌad-və-ˈlȯr-əm \

Definition of ad valorem

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

Origin and Etymology of ad valorem

Latin, according to the value


Law Dictionary

ad valorem

play
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


Learn More about ad valorem


Seen and Heard

What made you want to look up ad valorem? Please tell us where you read or heard it (including the quote, if possible).

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!

WORD OF THE DAY

to curse or denounce

Get Word of the Day daily email!

Test Your Vocabulary

Merriam-Webster's New Words Quiz—Fall 2017 Edition!

  • young-plant-shoots
  • Which of the following is a new sense of the word bunny?
How Strong Is Your Vocabulary?

Test your vocabulary with our 10-question quiz!

TAKE THE QUIZ
SCRABBLE® Sprint

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!