Definition of Valorem. Meaning of Valorem. Synonyms of Valorem

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

Definition of Valorem

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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 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...
- Ad Valorem (foaled 27 April 2002) is an American-bred, Irish-trained Thoroughbred racehorse and sire. He was one of the leading European two-year-olds...
- 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 word formation. Astra...
- 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 tax...
- 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 the...
- Excise taxes, for instance, fall into this tax category. By contrast, an ad valorem tax is a charge based on a fixed percentage of the product value. Per unit...
- 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 both...
- Force and of the Spanish Submarine Force ad valorem according to value Used in commerce to refer to ad valorem taxes, i.e., taxes based on the ****essed value...
- addition to this minimum rate. All real property is taxable annually; the ad valorem tax is based on the property's fair market value at the time of purchase...
- 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...