See Also: Ad Valorem(money)
Ad valorem tax(money)
ad valorem(dictionary)
AD VALOREM(law)
Ad valorem duties(finance)
Account Ad Valorem Duty(money)
Account ad valorem duty(finance)

AD VALOREM (law)


AD VALOREM. According to the value. This Latin term is used in commerce inreference to certain duties, called ad valorem duties, which are levied onreference to certain duties, called ad valorem duties, which are levied oncommodities at certain rates per centum on their value. See Duties; Imposts;commodities at certain rates per centum on their value. See Duties; Imposts;Act of Cong. of March 2, 1799, s. 61 of March 1, 1823 s. 5.Act of Cong. of March 2, 1799, s. 61 of March 1, 1823 s. 5.