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Ad valorem   Listen
Ad valorem

adverb
1.
In proportion to the estimated value of the goods taxed.  Synonym: ad val.



Related search:
ad valorem tax


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"Ad valorem" Quotes from Famous Books



... cost of protection to the consumer, consider its operation in increasing the price of two or three of the leading articles protected. Take paper for example. The duty on that commodity is twenty per cent. ad valorem. Most of the articles which enter into its manufacture or are required in the process of making it are increased in price by protection. The result is that the price of paper to the consumer is increased nearly fifteen per cent.; that is, if the tariff were ...
— American Eloquence, Volume IV. (of 4) - Studies In American Political History (1897) • Various
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... Emperor's recovery of administrative power might be accelerated. He therefore conceived the idea of repairing to Hyogo with a powerful naval squadron for the purpose of seeking, first, the ratification of the treaty; secondly, the reduction of the import tariff from an average of fifteen per cent, ad valorem (at which figure it had been fixed by the original treaty) to five per cent., and, thirdly, the opening of the ports of Hyogo and Osaka at once, instead of nearly two years ...
— A History of the Japanese People - From the Earliest Times to the End of the Meiji Era • Frank Brinkley and Dairoku Kikuchi
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Words linked to "Ad valorem" :   ad valorem tax


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