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Synonyms

ad valorem

American  
[ad vuh-lawr-uhm, -lohr-] / æd vəˈlɔr əm, -ˈloʊr- /

adjective

  1. in proportion to the value (used especially of duties on imports that are fixed at a percentage of the value as stated on the invoice).

ad valorem British  
/ æd vəˈlɔːrəm /

adjective

  1. Abbreviation: ad val.   a.v..   A/V.  (of taxes) in proportion to the estimated value of the goods taxed

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of ad valorem

< Latin: literally, according to the worth

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.