Ad valorem tax

a tax levied according to the value of the property, merchandise, etc., being taxed.
Historical Examples

An ad valorem tax would most certainly have quite eliminated the fifty, the one hundred, and the two hundred per cents of profit.
The American Indian as Slaveholder and Seccessionist Annie Heloise Abel

An ad valorem tax is one levied with reference to the value of the article.
Government in the United States James Wilford Garner

Paragraph 357 (quoted above) is ruled to cover them and they are thus subject to a 20% ad valorem tax.
A Text-Book of Precious Stones for Jewelers and the Gem-Loving Public Frank Bertram Wade

Read Also:

  • Ad verbum

    to the word; exact in wording according to an original.

  • Ad vitam

    for life. Historical Examples Here we see the signification of that burning light around which is written: “ad vitam, non ad horam.” The Heroic Enthusiasts,(1 of 2) (Gli Eroici Furori) Giordano Bruno

  • Ad vivum

    to that which is alive.

  • Ad-hoc polymorphism

    ad-hoc polymorphism overloading

  • Ad/cycle

    ad/cycle tool, product Application Development cycle. A set of SAA-compatible IBM-sponsored products for program development, running on workstations accessing a central repository on a mainframe. The stages cover requirements, analysis and design, production of the application, building and testing and maintenance. Technologies used include code generators and knowledge based systems as well as languages and […]

Disclaimer: Ad valorem tax definition / meaning should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All content on this website is for informational purposes only.