What is the meaning of Ad valorem?

Meaning "according to value" this is a tax imposed on the value of property that is typically based on the local government's valuation of the property.

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APABarry Goldsmith. (2010). ad valorem. Retrieved September 21, 2026, from http://smartdefine.org/ad_valorem/definitions/1147180
ChicagoBarry Goldsmith. 2010. "ad valorem" http://smartdefine.org/ad_valorem/definitions/1147180 (accessed September 21, 2026).
HarvardBarry Goldsmith 2010, ad valorem, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/ad_valorem/definitions/1147180>.
MLABarry Goldsmith. "ad valorem" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/ad_valorem/definitions/1147180>
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