ad valorem
English
Etymology
Latin.
Adverb
ad valorem (not comparable)
- Measured by or in proportion to value.
- c. 1900, O. Henry, The Lost Blend:
- "'I forgot to tell you, boys,' says he, 'that Nicaragua slapped an import duty of 48 per cent. ad valorem on all bottled goods last month.
- c. 1900, O. Henry, The Lost Blend:
Derived terms
- ad valorem tax
Latin
Phrase
ad valorem
- By value.