Definitions for ad valorem
æd vəˈlɔr əm, -ˈloʊr-ad val·orem

Princeton's WordNetRate this definition:0.0 / 0 votes

1. ad val, ad valoremadverb

   in proportion to the estimated value of the goods taxed

   "the goods were taxed ad valorem"

WiktionaryRate this definition:0.0 / 0 votes

1. ad valoremadjective

   Measured by or in proportion to value.

WikipediaRate this definition:0.0 / 0 votes

1. ad valorem

   An ad valorem tax (Latin for "according to value") is a tax whose amount is based on the value of a transaction or of property. It is typically imposed at the time of a transaction, as in the case of a sales tax or value-added tax (VAT). An ad valorem tax may also be imposed annually, as in the case of a real or personal property tax, or in connection with another significant event (e.g. inheritance tax, expatriation tax, or tariff). In some countries, a stamp duty is imposed as an ad valorem tax.

ChatGPTRate this definition:0.0 / 0 votes

1. ad valorem

   Ad valorem is a Latin term that translates to "according to value." In economics and finance, it is typically used to refer to a type of tax or duty that is directly proportionate to the value of a good, service, or property. The higher the value of the good, service, or property, the higher the tax or duty levied. Examples of ad valorem taxes include property taxes, value-added taxes (VAT), and sales taxes.

Webster DictionaryRate this definition:0.0 / 0 votes

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

2. Etymology: [L., according to the value.]

Dictionary of Nautical TermsRate this definition:0.0 / 0 votes

1. ad valorem

   Duties levied on commercial goods, according to their value.

Etymology and OriginsRate this definition:0.0 / 0 votes

1. Ad valorem

   A Customs term for duties levied according to the stated value of goods imported. The duty on various qualities of the same goods may therefore differ.

How to pronounce ad valorem?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say ad valorem in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of ad valorem in Chaldean Numerology is: 6

2. Pythagorean Numerology

   The numerical value of ad valorem in Pythagorean Numerology is: 1

Examples of ad valorem in a Sentence

1. Reedy Creek:

   In light of the State of Florida's pledge to the District's bondholders, Reedy Creek expects to explore its options while continuing its present operations, including levying and collecting its ad valorem taxes and collecting its utility revenues, paying debt service on its ad valorem tax bonds and utility revenue bonds, complying with its bond covenants and operating and maintaining its properties.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=ad valorem
2. ^ Wiktionary
   https://en.wiktionary.org/wiki/Ad_Valorem
3. ^ Wikipedia
   https://en.wikipedia.org/wiki/Ad_Valorem
4. ^ ChatGPT
   https://chat.openai.com
5. ^ Webster Dictionary
   https://www.merriam-webster.com/dictionary/ad valorem
6. ^ Dictionary of Nautical Terms
   https://www.gutenberg.org/cache/epub/26000/pg26000-images.html#:~:text=ad valorem
7. ^ Etymology and Origins
   https://www.gutenberg.org/cache/epub/54657/pg54657-images.html#:~:text=ad valorem