AD VALOREM


Meaning of AD VALOREM in English

[ ˌad və'lɔ:rɛm ]

■ adverb & adjective (with reference to tax or duty) in proportion to the value of the goods or transaction concerned.

Origin

L., 'according to the value'.

Concise Oxford English vocab.      Сжатый оксфордский словарь английского языка.