ad valorem
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English
Etymology
From Latin.
Adverb
ad valorem (not comparable)
- Measured by or in proportion to value.
- c. 1900, O. Henry, The Lost Blend:
- "'I forgot to tell you, boys,' says he, 'that Nicaragua slapped an import duty of 48 per cent. ad valorem on all bottled goods last month.
- 1996, David Foster Wallace, Infinite Jest , Boston, Mass., New York, N.Y.: Little, Brown and Company, →ISBN, page 33:
- […] the medical attaché is known among the shrinking upper classes of petro-Arab nations as the DeBakey of maxillofacial yeast, his staggering fee-scale as wholly ad valorem.
Derived terms
Latin
Phrase
- By value.