ad valorem
English
Etymology
Adverb
ad valorem (not comparable)
- Measured by or in proportion to value.
- about 1900, O. Henry, The Lost Blend
- "'I forgot to tell you, boys,' says he, 'that Nicaragua slapped an import duty of 48 per cent. ad valorem on all bottled goods last month.
- about 1900, O. Henry, The Lost Blend
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