Definition of Ad valorem. Meaning of Ad valorem. Synonyms of Ad valorem

Here you will find one or more explanations in English for the word Ad valorem. Also in the bottom left of the page several parts of wikipedia pages related to the word Ad valorem and, of course, Ad valorem synonyms and on the right images related to the word Ad valorem.

Definition of Ad valorem

Ad valorem
Ad valorem Ad va*lo"rem [L., according to the value.] (Com.) 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.

Meaning of Ad valorem from wikipedia

- An ad valorem tax (Latin for "according to value") is a tax whose amount is based on the value of a transaction or of a property. It is typically imposed...
- inheritance taxes, and value-added taxes are different types of ad valorem tax. An ad valorem tax is typically imposed at the time of a transaction (sales...
- not matter whether the tax is levied as a percentage of the price (say ad valorem tax) or as a fixed sum per unit (say specific tax). Both are graphically...
- aware of is known as an ad valorem tax. This tax is used to fund general or day-to-day government operations. An ad valorem tax is commonly levied on...
- of dutiable items, most of them manufactured items, all subject to an ad valorem rate of duty of 10%. Economic historians generally agree that these tariffs...
- unit of the item purchased, whereas a sales tax or value-added tax is an ad valorem tax and proportional to the price of the goods, an excise typically applies...
- is a result used in international trade theory, which states that an ad valorem import tariff (a percentage of value or an amount per unit) will have...
- as a result, the quantity consumed. There is a difference between an ad valorem tax and a specific tax or subsidy in the way it is applied to the price...
- expressing direction toward in space or time (e.g. ad nauseam, ad infinitum, ad hoc, ad libidem, ad valorem, ad hominem). It is also used as a prefix in Latin...
- of gl**** (black quart bottles excepted) twelve and a half per centum ad valorem; marble, slate, and other stones, bricks, tiles, tables, mortars and other...