Meaning of ad valorem | Babel Free
Definitions
Measured by or in proportion to value.
not-comparable
Examples
“"'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.”
“[…]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.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.