Adverb
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.
Source: Webster's dictionarythe goods were taxed ad valorem Source: Internet
An ad valorem tariff was determined by the cost of production and market value. Source: Internet
Do you support an amendment to authorize local governments to enter into cooperative endeavor ad valorem tax exemption agreements with new or expanding manufacturing establishments for payments in lieu of taxes? Source: Internet
If the expansion were allowed, the increased drilling could have brough $71 million a year in federal royalties, $57.6 million a year in Wyoming severance taxes, and $70 million a year in county ad valorem taxes, according to previous reports. Source: Internet
Coal related taxes for the assessed value of the coal plants, mines, and production in Sweetwater County in 2019 generated $323,104,507 and $22,248,955 in ad valorem taxes. Source: Internet
In contrast to ad valorem taxation is a per unit tax, where the tax base is the quantity of something, regardless of its price. Source: Internet