What is the meaning of Ad valorem?

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.
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APAWebster's. (2011). ad valorem. Retrieved September 20, 2026, from http://smartdefine.org/ad_valorem/definitions/1970763
ChicagoWebster's. 2011. "ad valorem" http://smartdefine.org/ad_valorem/definitions/1970763 (accessed September 20, 2026).
HarvardWebster's 2011, ad valorem, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/ad_valorem/definitions/1970763>.
MLAWebster's. "ad valorem" 27 May 2011. Web. 20 September 2026. <http://smartdefine.org/ad_valorem/definitions/1970763>
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