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1. (adv.) ad valorem
in proportion to the value: used esp. of a tax.
Etymology: (< L: lit., according to the worth)
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| Definition of 'ad valorem' |
Princeton's WordNet |
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1. (adverb) ad val, ad valorem
in proportion to the estimated value of the goods taxed
"the goods were taxed ad valorem"
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| Definition of 'ad valorem' |
Webster Dictionary |
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1. ad valorem
a term used to denote a duty or charge laid upon goods, at a certain rate per cent upon their value, as stated in their invoice, -- in opposition to a specific sum upon a given quantity or number; as, an ad valorem duty of twenty per cent
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Definitions of ad valorem 
