ad valorem

English

Etymology

Latin.

Adverb

ad valorem (not comparable)

  1. 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.

Derived terms

Latin

Phrase

ad valorem

  1. By value.
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