The meaning of AD VALOREM is imposed at a rate percent of value. How to use ad valorem in a sentence.
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An ad valorem tax is a tax whose amount is based on the value of a transaction or of a property. It is typically imposed at the time of a transaction, ...
6 days ago · in proportion to the value (used especially of duties on imports that are fixed at a percentage of the value as stated on the invoice).
an ad valorem payment, rate, or tax is calculated according to the price of a product or service, rather than at a fixed rate:.
An ad valorem tax is levied according to the value of the property as determined by an assessment or appraisal. Assessment on a regular basis is a common ...
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AD VALOREM definition in American English - Collins Dictionary
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a phrase applied to certain duties and taxes levied on goods, property, etc. as a percentage of their value: abbrev. ad val.
a tax levied according to the value of the property, merchandise, etc., being taxed.
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Ad Valorem Services is a nationwide consulting firm specializing in the management and reduction of Property Tax. We have been in business since 1987.