ad valorem
Measured by or in proportion to valueMeasured by or in proportion to value.
Meaning
1 senses(not comparable)Measured by or in proportion to value.
in proportion to the estimated value of the goods taxed
Translations
1 languagesOrigin
Borrowed from Latin ad valorem (“by value”).Borrowed from Latin ad valorem (“by value”).
Wiktionary, CC BY-SA 4.0 · source
Dictionary text adapted from Wiktionary (Wiktionary contributors, CC BY-SA 4.0) and Open English WordNet / Princeton WordNet (CC BY 4.0, WordNet License); shared under CC BY-SA 4.0. Example sentences and recordings are credited where they appear.